Also, any strongly positive or negative correlations to the price movements in other financial instruments.
It hardly matters that Bitcoin spikes and crashes its price every so often if you can't move your other investments around to profit from it. For this reason, every hedge fund manager on the planet is constantly looking for strongly negatively correlated prices that no one else knows about yet, or paying quants to invent instruments that show such behavior so that they have the information advantage until the other guys' quants decipher the formulas.
The graph that shows price vs time for a single asset is not a great thing to look at in isolation if your goal is to make piles of money on it.
It hardly matters that Bitcoin spikes and crashes its price every so often if you can't move your other investments around to profit from it. For this reason, every hedge fund manager on the planet is constantly looking for strongly negatively correlated prices that no one else knows about yet, or paying quants to invent instruments that show such behavior so that they have the information advantage until the other guys' quants decipher the formulas.
The graph that shows price vs time for a single asset is not a great thing to look at in isolation if your goal is to make piles of money on it.