Bitcoin shows value as a digital currency but it main value lies in supply and demand. Also the value of bitcoin sometimes varies depending on people perspective towards it. I personally believe that the price of Bitcoin in important, due to the fact that as an investor, a buyer or seller we all depends on the price whenever we want to make our purchase of Bitcoin because no one is willing to lose money intentionally, for this reason, the price of BTC is important in any digital transaction we might want to make