The thing that makes bitcoin different from any other commodity is it's supply is completely known. Which makes it good money since you want money to be demand sensitive and not demand and supply sensitive. Demand sensitive is more a function of economic activity, while supply sensitive is more a function of central bank activity, which we don't want. However, while bitcoin is still being supplied metronomically until we get to 21million coins, you would think all supply between now and then would be discounted in the price and so that would be out of the picture, but it's not. Each 4 years the supply of new bitcoins minted is halved and there is a distinct price action associated with that halving event. We are approaching the next halving next year(in May , I think). And like clockwork the price of bitcoin in the 3rd quarter in the year before the halving(this year) the price has gone down. And in the year of the halving the price has gone up in multiples. Again, you would think think would all be discounted and so would cease to happen, but until now it never has. And this time may not be different. Who knows ? I don't worry too much about it, I just hold on.