Currency speculation is a gamble even for the well informed.
With major "traditional" currencies there is at least a central bank sitting behind it, and some connection to real world interest rates, trade balances, inflation, productivity etc.
Bitcoin is trust in a computer algorithm with zero connection to reality. Its value is whatever people think it is - be they Russian oiligarchs, assorted billionaires, slush fund owners, drug and arms dealers, etc. Plus, of course, supremely confident gamblers!
If you can't explain why the price has fluctuated wildly in the past, there can be no rational logic attached to how it will move in the future. Gamble by all means, but don't bet the house on it!
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