Here's the fundamental basis for the rising value of bitcoin:  Active wallets  Value follows roughly as the square of this figure.  It doesn't move fast enough to be exciting.  What does happen, though, is that price deviates from its fundamentals relatively rapidly.  That's when you adjust your long-term core position, according as price is a fraction or a multiple of value.  It's not daytrading, but as a slow and stately strategy it is very lucrative.