Experts are trying to answer the question because of the price booms achieved by this currency. Speculators aspire to make quick profits through Bitcoin so they buy and sell it very quickly and frequently, leading to short-term price fluctuations.
Speculation is one of the factors that significantly affects the price of bitcoin and causes it to rise or fall sharply. Some countries still do not recognize Bitcoin, there are some countries that ban it and prohibit its use. Cryptocurrency prices tend to respond quickly to decisions about their legalization or ban.