Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Many individuals have already made huge profits from Bitcoin investments and many have also seen significant losses. Bitcoin price is determined by market factors and demand and changes just like any stock. However, we have also seen earlier that the price of Bitcoin was relatively stable and the price was relatively low. Again, with the change of time, we also observed that the price increased several times after overcoming this stability. To counter the bull argument that scarcity makes Bitcoin valuable, we also know that the lack of government and corporate intervention makes Bitcoin an attractive prospect for many modern investors. I think Bitcoin is a good place to start investing if we want to diversify our investment portfolio by supporting cryptocurrencies.