2. Regulatory Clarity:
The regulatory landscape surrounding cryptocurrencies is still evolving, which can create uncertainty and volatility in the market. A clear and well-defined regulatory framework that provides a balance between innovation and consumer protection could instill confidence among investors and lead to a more stable market environment, potentially boosting Bitcoin's value.
Regulatory clarity is not enough, the question is whether it supports it or not? There are countries that have in fact drafted regulations that are impartial to the development of the bitcoin ecosystem from the start, say China. Then what happens in other countries, regulations are made greener.
As long as there is no single rule governing the worldwide bitcoin ecosystem, volatility will be inevitable.