most people are buying it because they think it's going to appreciate in the future or they're and they're not transacting with it in their daily lives they're

holding it for the long term and because of that type of price speculation there are a lot of people, especially day traders who use tools or use what's happening on
futures markets to determine the sentiment of where the price is going to go, everyone, wants to have a crystal ball of what the future price of anything is going to be and futures prices you know the last Friday of every month always volatile because that's when the futures expire and people are basing what's going to happen in the next month on that this particular day so on the short term.