In summary:
• Bitcoin's market is volatile, with typical price swings around 5% influenced by sentiment and economic factors.
• Weekend trading is thinner, affecting price movements due to lower liquidity among investors.
• Blackrock's Bitcoin purchases help stabilize the market, attracting more stable ETF buyers.
• Regulatory improvements and potential ETF approvals may legitimize Bitcoin, reducing risks for institutional investors.
• Current market conditions suggest it may be a good time to invest in Bitcoin amid ongoing fluctuations.