Let me just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
I don't know what to make of this post but the truth is that Bitcoin is the pioneer cryptocurrency and have remained an upward trend with minor corrections once in a while. Volatility is not only reserved for Bitcoin because everything that has buying and selling is volatile because of speculators. If you think Bitcoin is volatile, that is because you have not tried trading some memcoins that can move thousands of pips within an hour and God help you if you find yourself in the wrong side of the market.
There is no hidden facts beyond your analysis by odohu stating the nature and character of meme coin, altcoin in the market the volatile is a general characteristics to every market that demand and supply can impact on mostly when prediction is inevitable. Bitcoin has stand a better chance of always recovery even when the down trend seem unbearable for beginners who never understand the nature of the system because most complain about the volatile nature is mostly debate by newbies who experience and knowledge has not deeply understand how it works.