Why bitcoin price is so volatile

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Why is Bitcoin's price so volatile?
With bitcoin, supply cannot change regardless of what price does. Therefore, any change in demand, short-term as well as long-term, will have to be reflected by. Bitcoin, since its inception, has been synonymous with volatility. Its prices can swing wildly over short periods, drawing in traders and. Bitcoin has historically been a volatile asset. This volatility is primarily due to the nascency of the currency, and is expected to decline as the market.