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February 14, 2024, 11:44:08 PM Last edit: February 14, 2024, 11:56:14 PM by Inior |
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As e stands now the way Bitcoin they move now a day's ehh, just within the past 14 months before now Bitcoin done move from 18282.32 to 52039.78 as we dey talk so, this na almost 184.53% gain, omor just imagine say person been investment $500 you for done make about $922.65. 😅😅 that's just by the way, make we talk about the in thing now, market volatility. So now in the first place what is Market volatility ? Market volatility na the speed of the market, for finance them dey use am refer to market way dey move fast. So now speaking of the recent BITCOIN volatility , the speed way Bitcoin they take move like this , get many things way go done cause am, number one, na the Supply and demand: Normally ehh , Bitcoin price , the main thing way they move am na the supply and demand , like for economics them say when the people way they buy plenty pass the people way they sell the price go increase, like this now for Bitcoin the people way they buy , done dey plenty well well. Then another thing sef na the Investor sentiment: normally the price of Bitcoin dey affected by watin the major investors dey think about the future of Bitcoin ,for example if the investors believe say the value of Bitcoin go rise them no go sell am rather them go continue to hold am , which in turn go make the value increase and then another thing na Technological developments: this days all of us dey see how them done integrate Bitcoin payment options to many sites for cross border payments, only this one sef done increase the importance of bitcoin then even the varieties of networks way done dey available and the confirmations now, person fit do even small transactions with bitcoin, so this ones nine take make bitcoin dey move the way em dey move.
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