Why does the bitcoin price fluctuate so much?

New markets tend to have high price volatility as buyers and sellers decide an asset's value. This is true for traditional assets like gold or stocks, and it's true for bitcoin and other cryptocurrencies. Price discovery is just one factor though – find them all here 🎥

► Check the #BTC price on Luno: https://www.luno.com/?utm_source=Yout...

How do you think the price shifts will turn out? Can bitcoin stabilise? Let us know in the comments 🚀

0:00 Bitcoin price
0:17 Bitcoin price prediction
0:28 FOMO
1:07 FUD
1:33 What will the price of bitcoin be?

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Cryptocurrency is a high risk investment that's not regulated in the UK. The value of cryptocurrency can fluctuate and you may lose your capital without recourse to financial regulators. Fees apply when you buy or sell cryptocurrency and Capital Gains Tax may be payable on profits when you sell.