It is obvious to me that in the short term, price fluctuations are possible due to the news in the world, but in the long term, if bitcoin continues to gain popularity as "digital gold", its price will definitely rise.
Even if bitcoin gains popularity in the long run and in future, price will still keeps on fluctuating it’s something that is unstoppable it’s the nature of bitcoin, price can only rise above what it is right now and get to another level but that won’t stop it from coming down below that level and also struggling to go back up again, bitcoin is volatile and being volatile means price won’t be at a place or only be moving up all the time.
Bitcoin's price volatility causes its value to increase and investors to profit this volatility creates risks for investors but at the same time it also has the potential for high profits. With the improvement of blockchain technology and the increasing use of cryptocurrencies the demand for bitcoin is increasing and it is becoming more popular in online transactions. Bitcoin is being seen as a digital gold like asset which can be used as a safe haven during the depreciation of other currencies or during economic crises.