Since its beginnings in 2009, Bitcoin has been through highly volatile periods. On its first days, it experienced a big dip but it was just a matter of time; Bitcoin has consistently got constant rises after its falls, and that has become the hallmark of the 'cryptocurrencies world' and the original circumstances it raised from.


BTC HAVE HAD A LOT OF UP AND DOWNS, BUT IT REMAINS AS THE FAVORITE AMONG INVESTORS.

Even though, there are many clones and competing cryptocurrencies, Bitcoin is seen as the gold standard among all others; and that makes it the main one used in exchanges.


THE FIRST FALLS OF BITCOIN

The biggest dip that Bitcoin has ever had was 70% on 2013.

It then had some ups and downs around 2014 and 2015 before finally having a rise within 2016 and 2017. Said rise increased its general traded volume per day.

Therefore, the investors have been able to develop a certain expertise and analytical experience around how this often volatile but at times highly rewarding market works.


BITCOIN'S CURRENT SITUATION

The BTC price weekly analysis tells us that the current price is about $7,000 and its volume is around $5,000, 120,000.

With this information we could affirm that BTC is the cryptocurrency which has the most varying price and volume.

Additionally, it’s presenting a constant rise; due to this, we could estimate that the BTC will keep its constant increase through the following years.

But, we also have to get in mind that being a varying market there’s also the possibility that Bitcoin may have another dip in its future.

Because of the existence of different cryptocurrencies, there’s the chance that another one may take the top on the ladder instead of Bitcoin.


PROJECTION OF BITCOIN'S FUTURE

There is a strong chance that the BTC could reach the $10,000 through the rest of the year and its volume could even reach $9,000,000,000 eventually.

There are several reasons for Bitcoin to keep going upward through the years, and some technical analysis of a cryptocurrency price chart would guarantee us that the BTC only needs some time before its price starts recovering and breaking marks.


How Should Investors Approach Bitcoin?

Depending on how you project your investment, your approach will vary.

For instance, if you are a long-term investor the proper strategy to proceed would be to invest in Bitcoin (or other cryptocurrency in the top of the ladder), but make sure to keep it to just either regular sums or unique ones.

Make a secure investment for an already established period of time (i.e. 1 year or more). It might seem simple, but it is a really smart strategy.

And, the proper way for the short-term investor would be to invest sums in BTC or any other cryptocurrency and hold the investment for a certain time; it could be hours, weeks or months.

Nevertheless, this can be really risky because the investment has to be bigger than in a long-term one, and there’s the risk that the price movement goes against your plans and expectation.

However, the common strategy for both is to keep calm and understand the volatility of the market. Being a new industry, no trend is eternal.