With Bitcoin (CRYPTO: BTC) currently priced at about $82,000, down from its high of more than $109,000 in January, investors are doubtlessly looking for some good news that might help them to believe ...

Here's the one number you need to know to appreciate ... It's obvious that the more people who buy Bitcoin in a given day, the more its price will go up as buyers compete for the limited supply.

Investors are "buying volatility. If you want bitcoin to go up, you've got to be OK with it going down sometimes." But "I don't really think that people should be that worried," he added.