Is Bitcoin's monthly volatility a rite of passage or something else?

[Hamza2424]

If I were to play the role of a trader and apply some of the little knowledge I’ve gained studying technical analysis, I would say this is just one of the pullbacks before another upward trend. Most likely, once the Fed announces interest rate cuts, we could see Bitcoin going up to around $200K by the end of this year.

I am surprised to see your predictions of $200k just after the fed cut the rates, don't you think we need much bigger factors to pump the price to $200k as cutting rates are not going to pump it again to its all time high, haha bro you made me laugh but I think you have your reasons, although you are right about speculators who are trading short term they have their stop losses in places but this won't lose them a lot of money and they will still have funds to buy again.

If BTC dumps below $100k which is very random because it is still bullish even in the short term as $113k is not a bad price but for someone who bought high it is a bad price, but if btc dumps below $100k that's really bad for all the market.

[yhiaali3]

Volatility is normal in the crypto market, as in any other market, but it is more pronounced in crypto markets. No asset is permanently stable; all assets are volatile, but only the volatility rates vary.

I don't know why people are surprised by volatility. This is a normal economic movement arising from supply and demand. The more demand there is, the higher the price, and vice versa. The lower the demand, the lower the price. Therefore, volatility will always exist.

In any case, those who fear this volatility should hold Bitcoin for the long term and avoid monitoring the indicators.