What an interesting write-up, quite educative and insightful OP, but how were you able to gather all these in a short time frame without a reference?  Would it not be better if you attach here where you deduce this write-up from, so that I could read further to more expository concerning the subject matter.

As for the subject matter, volatility is very important because it allows for more investment when it is bearish, and that means more investment for people who have been waiting for that moment. Volatility calls for corrections and retracements, etc. However, it makes the market and price of bitcoin become more valuable, reliable and self sufficient.