why bitcoin volatile?

[kalel18]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

[Marshall14]

There happens to be no exact reason why the bitcoin's price fluctuates and it's impossible to get an exact reason why it actually does..
 One reason hinges on the adoption of the currency and this is based on the supply/demand for the currency,and increase in demand for the currency most times pumps the price,while a decrease in supply/demand leads to a downturn in price..

Another reason for the price fluctuations happens to be negative press, the news most times portrays the bitcoin as a scam,ponzi scam and all sorts of negatives,this most times tends to dissuade investors from investing in the currency and thus a reduction in price
There could also be a boom, if more and more investors find the system attractive,hence invest in the bitcoin,it could also lead to a rise in price...  

[dimiinx]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

the name is also the crypto market just like other market markets and bitcoin is inside the market if it doesn't change there will be no sense and no one can see stastik for the bitcoin market we can monitor bitcoin from the volatile stastik

[tdrinker]

Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.

[Snyderfx2]

I think bitcoin is too much volatile mainly because it is not a centralized currency so there is no organization or a authority to control its value which is unlike with major fiat currencies in the world like USD, EURO,JPY and other where each and every one of them have a centralized government or a central bank to manage and control the currency price in necessary situation so they are fluctuates with minimum volatility

[Amevalentine]

Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.

bitcoin is changing because many factors, which are unstable price and selling issues, are finally changing every day and I think this is a natural matter because bitcoin is in the crypto market

[Snyderfx2]

Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.

Of course and mainly in bitcoin the price is determined by the demand which is why it is highly volatile than other fiat currencies because unlike other today bitcoin is mainly used as a investment asset in the current world and people view towards bitcoin changes all the time according to media news and other reasons which changes the demand level so the price changes all the time and those are main reasons too why bitcoin is volatile

[SnapDown22]

Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.

bitcoin is changing because many factors, which are unstable price and selling issues, are finally changing every day and I think this is a natural matter because bitcoin is in the crypto market

Changing this matter is a natural thing. I am not surprised anymore if Bitcoin changes, because yes, bitcoin is included in the crypto market and I think it must change, the fox is not just monotonous.

[bosta20]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

It's normal with new markets and new technologies....but i seriously believe that the volatility will reduce with more adoption!

[mk4]

Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.

Just to add to this: In addition to bitcoin and cryptocurrencies in general being a highly speculative asset, bitcoin and the whole cryptocurrency market's total market cap is quite small for now, compared to other assets like stocks, precious metals. Hence, big buy or sell orders can easily skew bitcoin's price to either direction to a certain extent, depending on how big the market order is.

Also, the barrier to entry to bitcoin or cryptocurrencies in general is quite small, hence you see people without any knowledge about bitcoin or crypto in general enter the space, while probably most of their opinions about bitcoin/crypto being easily manipulated through shills and FUD through social media/news.

[fcklife]

the volatility depends on the huge investors dumping and bagging bitcoins. the volatility may be lessen if the masses are fully aware of what bitcoin is and its a matter of time to accomplish that.

[Dilerium90]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

The cryptocurrency market is very young and not many people are included in it to reduce volatility. The second reason is that no one knows the appropriate price of bitcoin. It can be either
$ 100 or $ 1,000,000. For this reason, Bitcoin will be very volatile for a long time, in my opinion.

[vina humaidah]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

I think fluctuations are a feature of BTC and I consider this normal, and those who can recover prices are users. this is because no authority can control the price of bitcoin.

[demenBTC]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

why the price of bitcoin is always changing because bitcoin is not a currency in every country, bitcoin does not have a price rule, bitcoin is a virtual currency that is only widely used for trading and also buying and selling of shares of course the price is impossible to determine.

and the question of price recovery always comes from big traders who can play a bitcoin price

[globalking]

bitcoin is volatile because the veils are cashing out bitcoin this is the main reason why bitcoin is volatile.

[Herucooles]

In principle, determining the price of Bitcoin, there must be an agreement between the price of the offer (the price of those who sell Bitcoin) and the price of demand (the person who buys Bitcoin).
The more you buy, the higher the price, and vice versa.

[Compiler]

It works like everything, buy, sell, exchange. Bitcoin usually goes up when there is some important event related to something very big. That's when bitcoin really goes up, because it's usually at the same price always, almost regulated.

[kamilah147]

as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually

why the price of bitcoin is changing. because the bitcoin movement always changes up and down. especially sometimes there are problems that arise, and that makes bitcoin sometimes go down, without us knowing it. that's where we can guess the condition of bitcoin.

[yowelfree]

Bitcoin is in the crypto market. And market generally experience changes as a result of demand and supply. why bitcoin volatile is as a result of demand and supply.

[candra raditya]

Decentralization cannot be regulated and the price will continue to change when demand and supply occur in the market. Negative news can also have an effect on the market decline because many have panicked selling.