Why is BTC fluctuating SO MUCH?

[dontoromeo]

One of the reasons why the btc fluctuates so much is the price of this currency has a more direct relationship with the supply and demand of it, than that of traditional currencies. In the case of the dollar or the euro, for example, their contributions may be affected by economic, political or social factors. Thus, an expansive or contractive monetary policy, a warlike conflict or capricious decisions of the authorities; They will influence the price of the currency issued by a central bank. But not in the price of bitcoin, or not so directly.

[Yakamoto]

It's a rollercoaster???

Welcome to the normal volatility of Bitcoin finally rearing its ugly head again as it had seemingly taken a break for Christmas after the dump just a few days before the holiday. This isn't anything new and it should be expected.

A lot of the volatility, now, can be attributed to normie investors and people who were trying to get in on Bitcoin to make a quick, buck now being unsure of their investment and so they might be panic-selling, they may be trying to hold and recover some of their losses, all kinds of things. It was a simpler time before everyone tried to get involved in the market trying to make only money and now everyone gets to experience the full force of a completely unregulated market. I hope it chases some of them away, to be honest, they can come back when they figure out how Bitcoin works.

[cungtrongdung1]

It's a rollercoaster???

Investors and miners are constantly moving to help btc grow in terms of speed and transaction fees. Sooner or later, btc will become more precious than diamonds because it is simply limited and diamonds are not. countable.

[Nabilog]

The bitcoin fluctuates because of the imbalance of the supply and demands.
There are times that there is massive of buyers and sellers these two doesn’t meet in the same time.
After the holiday seems the fluctuation is stable because btc holder doesnt dispose their btc.

[EVYFZ]

that varies, there's no nothing. The market price can not state in one place .

[Cryptosaint$]

It's a rollercoaster???

This proves to how infant this economy and coin is. It is still the early stages. I think its so volatile due to the nature of the investors. Tons of people buy in then tons of dumb money sells out to fiat and makes it dump.

[mahibul49]

i am not worry about this.bitcoin will rise up and take the market.its the king

[JL421]

It's a rollercoaster???

Less market share is the main reason for it's fluctuation. Not having enough demand causes the price to fluctuate at such a rate that stability is almost close to impossible. Now that the demand and popularity has increased there will be a proper growth in btc and possibilities for downfall will be reduced.

[jimmy55]

I think there is a lot of interest but also a lot of manipulators out there who try to move it in a certain direction for profit. 

[rumexx]

That is the nature of the market and this fluctuation is what makes us money in the cryptocurrency  trading. The forces of market sentiments are at play hence the movement of up and  down.

[Mind Control]

It's a rollercoaster???

Bitcoin is volatile in nature and the excessive fluctuation in its price is not so surprising at all. This is the result of being decentralized and being driven by the community. The community decides what will be the price and is determined with the aid of the law of supply and demand. We may seem to be in a roller coaster but that is just things are.

[Mr.Dick]

It's a rollercoaster???

Because it's not yet an established market, and grows with popularity and breaks in with the big whales selling some of their investments.

[cungtrongdung1]

One of the reasons why the btc fluctuates so much is the price of this currency has a more direct relationship with the supply and demand of it, than that of traditional currencies. In the case of the dollar or the euro, for example, their contributions may be affected by economic, political or social factors. Thus, an expansive or contractive monetary policy, a warlike conflict or capricious decisions of the authorities; They will influence the price of the currency issued by a central bank. But not in the price of bitcoin, or not so directly.

Since the whole market is now dominated by so many people, the volatility of the price makes the crypto market the most volatile market in the world today. how are you today my friend

[Avispeat]

One of the reasons why the btc fluctuates so much is the price of this currency has a more direct relationship with the supply and demand of it, than that of traditional currencies. In the case of the dollar or the euro, for example, their contributions may be affected by economic, political or social factors. Thus, an expansive or contractive monetary policy, a warlike conflict or capricious decisions of the authorities; They will influence the price of the currency issued by a central bank. But not in the price of bitcoin, or not so directly.

Since the whole market is now dominated by so many people, the volatility of the price makes the crypto market the most volatile market in the world today. how are you today my friend

I'll explain this by telling you one word because it's speculative asset that's why. It doesn't have stable price, it doesn't have good use case and many people came just to try to buy low and sell high. When you add some other things well of course it is fluctuate in price.

[heisenberg0000]

It's a rollercoaster???

Personally I just think of it this way. Those who have invested their fiat value on btc is starting to take profit from their earnings.
Lets say I invested 1000 USD in btc at the price of 12,000 USD then then it went to 19,000USD then its about time for me to take profit and enjoy my earnings.
but if you are a real believer of crypto curreny, HODL is the key in this business.

[raven1322]

It's a rollercoaster???

Well the graphs in crypto currency is a wile one. It's like the hybrid of stock market and forex. Due to the continuous bullish run, we all know that people who invested will start to sell at their desired profit.

[barneystinson]

It's a rollercoaster???

Yes and trading btc is not for the faint hearth-ed my friend. But the good thing is we all have the equal opportunity to earn. So probably, we should enjoy this roller coaster ride.

[arcfaith]

There are a few reasons to back Bitcoin's fluctuation actually. It's a young currency, so if it doesn't doesn't fluctuate it just means that it has stabilised and there won't be as much opportunity as it has currently. And investors seeing the coin fly to an amount never seen before will definitely want to cash in on the profits. These 2 factors, including others like news and reports on it make the price fluctuate, but it definitely is an opportunity for us. 

[Ailmand]

It's a rollercoaster???

Yes, Bitcoin is a rollercoaster ride and it is either you are enjoying the ride experience or you get traumatic because of it. This is the reason Bitcoin is not for everybody especially those people who are prone to panic and have weak hands who can only see the NOW and not the short-term future. There is no doubt that Bitcoin will be growing by leaps and bounds but the path to growth is always littered with humps and bumps. This has been already one of the important features of Bitcoin -- in just minutes the volatility can strike and any gains can vanish into this air just like magic but it has also its outstanding capacity to resurrect itself and surge again -- and again. Though this can be a big nightmare for merchants -- in fact one big merchant recently said goodbye to Bitcoin due to this issue -- the same thing can be heavenly to traders who are already knowledgeable on how Bitcoin works.

Welcome to the Bitcoin Carnival!

I agree. Also, I think that's one feature of cryptocurrency, specifically bitcoin; it has that volatility aspect where its price would come up or down, seemingly in a glance, sometimes without reason, but that's how it works. As one ventures the bitcoin market, he or she should also be ready with changes like this. It may fluctuate erratically at times, and be stable for long periods of time, it's just a matter of being patient and accepting that the market has trends like that and wouldn't always play out like you want it to. 

[Shwester]

Bitcoin’s value is dependant on the intensity of demand and supply there is.
The demand is a market factor.
The intensity with which the market needs the commodity fuels the demand aspect.