Bitcoin is actually a game of speculation, due to its high volatility and uncertainty. But there’s only one advantage of bitcoin, it has all the potentials to grow and succeed in the market, despite how banks and government are trying to visualize it as a non-valuable asset.
Now seeing that bitcoin could easily get affected by market news and sentiments, I think that’s also one characteristic of bitcoin. But at the end of the day, it will always recover from any negativity, not because it has huge potentials to survive, but because bitcoin is actually bound to lead our future, through its limitless success and profits.