{"id":31656,"date":"2026-03-12T08:27:04","date_gmt":"2026-03-12T07:27:04","guid":{"rendered":"https:\/\/kriptomagazin.si\/?p=31656"},"modified":"2026-03-27T08:34:24","modified_gmt":"2026-03-27T08:34:24","slug":"volatilnost-bitcoina-gibanje-cene-na-trgu-likvidnost-in-trzni-cikli","status":"publish","type":"post","link":"https:\/\/testnamag.si\/staging\/volatilnost-bitcoina-gibanje-cene-na-trgu-likvidnost-in-trzni-cikli\/","title":{"rendered":"Volatilnost Bitcoina: gibanje cene na trgu, likvidnost in tr\u017eni cikli"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31656\" class=\"elementor elementor-31656\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ac44a4a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ac44a4a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf7eb51\" data-id=\"cf7eb51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e21c97 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"73e21c97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Volatilnost pri Bitcoinu je pomemben del njegovega tr\u017enega obna\u0161anja. Prav zato je za razumevanje njegove cene pomembno poznati vpliv trga, likvidnosti in cikli\u010dnih gibanj. \u0160ele v tem okviru postane jasno, zakaj se lahko dolgoro\u010dna logika omre\u017eja in kratkoro\u010dni cenovni premiki pogosto razlikujejo.<\/span><\/p><h2><b>Kaj je pomembno vedeti<\/b><\/h2><p><span style=\"font-weight: 400;\">Cena Bitcoina je volatilna zato, ker nanjo hkrati vplivajo omejena ponudba, spremembe v povpra\u0161evanju, razpolo\u017eenje trga, ni\u017eja likvidnost v primerjavi z velikimi tradicionalnimi trgi, regulativne novice in vedenje velikih udele\u017eencev. K temu se dodajo \u0161e cikli, ki jih trg pogosto povezuje z dogodki, kot je halving, ter vpliv izvedenih finan\u010dnih produktov in vzvodnega trgovanja. Bitcoin zato ni volatilen zaradi enega samega razloga, ampak zaradi kombinacije ve\u010d dejavnikov, ki se v dolo\u010denih obdobjih med seboj \u0161e okrepijo.\u00a0<\/span><\/p><h2><b>Kaj pomeni volatilnost<\/b><\/h2><p><span style=\"font-weight: 400;\">Volatilnost pomeni, da se cena sredstva skozi \u010das premika izraziteje in hitreje. Pri sredstvu z vi\u0161jo volatilnostjo so kratkoro\u010dni premiki ve\u010dji, zato so tudi kratkoro\u010dna odstopanja med optimizmom in previdnostjo bolj izrazita. Pri Bitcoinu to pomeni, da se lahko vrednost opazno spremeni \u017ee v kratkem obdobju, kar trg dela bolj ob\u010dutljiv na novice, ve\u010dje nakupe ali prodaje ter spremembe v pri\u010dakovanjih vlagateljev.<\/span><\/p><p><span style=\"font-weight: 400;\">Pomembno je tudi razumeti, da volatilnost ni isto kot neuspeh sistema. Bitcoin omre\u017eje lahko deluje po pravilih in brez ve\u010djih tehni\u010dnih te\u017eav, medtem ko je cena hkrati zelo ob\u010dutljiva. Delovanje omre\u017eja in vedenje cene sta povezani, vendar nista ista stvar. Cena nastaja na trgu, kjer se sre\u010dujejo pri\u010dakovanja, likvidnost, \u0161pekulativno trgovanje in \u0161ir\u0161e finan\u010dno okolje.<\/span><\/p><h2><b>Trgi in razpolo\u017eenje<\/b><\/h2><p><span style=\"font-weight: 400;\">Bitcoin trg je mo\u010dno ob\u010dutljiv na razpolo\u017eenje. Pozitivne novice, ve\u010dja medijska pozornost, institucionalno zanimanje ali ugoden regulativni signal lahko hitro pove\u010dajo povpra\u0161evanje. Negativne novice, varnostni incidenti, stro\u017eji regulativni ukrepi ali razo\u010daranje glede makro razmer pa lahko spro\u017eijo hiter padec. Ker se informacije po kripto trgu \u0161irijo hitro in ker trgovanje poteka neprekinjeno, se spremembe razpolo\u017eenja zelo hitro odra\u017eajo v ceni.<\/span><\/p><p><span style=\"font-weight: 400;\">Pomemben dejavnik je tudi \u0161ir\u0161a pozornost javnosti. Ko zanimanje za Bitcoin naraste, se pogosto pove\u010da tudi trgovalna aktivnost. Ve\u010d pozornosti praviloma pomeni ve\u010d novih udele\u017eencev, ve\u010d \u0161pekulativnega kapitala in hitrej\u0161i odziv na novice. Ko zanimanje pade, se lahko promet zmanj\u0161a, trg pa postane \u0161e bolj ob\u010dutljiv na ve\u010dje premike.<\/span><\/p><h2><b>Likvidnost in velikost trga<\/b><\/h2><p><span style=\"font-weight: 400;\">Likvidnost pomeni, kako enostavno je mogo\u010de kupiti ali prodati sredstvo, ne da bi to mo\u010dno premaknilo njegovo ceno. \u010ce je trg manj likviden, lahko \u017ee ve\u010dji posamezni nakupi ali prodaje povzro\u010dijo izrazitej\u0161i premik. Pri Bitcoinu so trgi sicer mnogo ve\u010dji kot v zgodnjih letih, vendar so \u0161e vedno manj globoki kot \u0161tevilni veliki tradicionalni trgi. Zato lahko ve\u010dji posli, zlasti v ob\u010dutljivih obdobjih, premaknejo ceno precej bolj kot pri bolj zrelih trgih.<\/span><\/p><p><span style=\"font-weight: 400;\">To je posebej pomembno pri ve\u010djih udele\u017eencih. \u010ce ve\u010dji imetniki ali institucije premikajo sredstva, se lahko cena odzove hitreje in mo\u010dneje. Enako velja v obdobjih ni\u017eje trgovalne aktivnosti, ko je na trgu manj naro\u010dil. Takrat lahko \u017ee manj\u0161i premiki povzro\u010dijo ve\u010dji cenovni odziv. Likvidnost zato ni tehni\u010dna podrobnost, ampak eden glavnih razlogov, zakaj so premiki pri Bitcoinu pogosto bolj ostri.<\/span><\/p><h2><b>Omejena ponudba in tr\u017eni cikli Bitcoina<\/b><\/h2><p><span style=\"font-weight: 400;\">Bitcoin ima omejeno ponudbo, kar pomeni, da se skupna koli\u010dina enot ne spreminja po sprotnih odlo\u010ditvah institucij. Ta redkost je pomembna, ker lahko ob pove\u010danju povpra\u0161evanja povzro\u010di izrazitej\u0161i cenovni odziv. \u010ce zanimanje hitro raste, ponudba pa ostaja omejena, trg reagira bolj ob\u010dutljivo. Prav zato se omejena ponudba pogosto omenja kot eden od temeljnih razlogov za ve\u010dje cenovne premike.<\/span><\/p><p><span style=\"font-weight: 400;\">Pri Bitcoinu se pogosto izpostavlja tudi halving, torej dogodek, pri katerem se nagrada za nov block zmanj\u0161a. Ta sprememba krepi poudarek na omejeni ponudbi in zato pogosto vpliva na razpolo\u017eenje trga. Sama po sebi \u0161e ne dolo\u010da gibanja cene, vendar jo trg praviloma razume kot pomemben dejavnik prihodnje redkosti. Kadar se tak\u0161en dogodek ujame z ve\u010djo pozornostjo javnosti in mo\u010dnej\u0161imi pri\u010dakovanji, se cenovni premiki pogosto \u0161e okrepijo.<\/span><\/p><h3><b>Zakaj so tr\u017eni cikli pri Bitcoinu tako opazni<\/b><\/h3><p><span style=\"font-weight: 400;\">Bitcoin trg pogosto prehaja skozi obdobja mo\u010dne rasti, ki jim sledijo izrazitej\u0161i padci. Rast lahko spodbudijo ve\u010dje zanimanje vlagateljev, pomembne novice ali \u0161ir\u0161a dostopnost nalo\u017ebenih produktov, nato pa se del dobi\u010dkov unov\u010di in sledi popravek. Tak\u0161ni cikli nastanejo, ko se na trgu hkrati krepijo pri\u010dakovanja, trgovanje in ob\u010dutljivost na spremembe v povpra\u0161evanju.<\/span><\/p><p><span style=\"font-weight: 400;\">Cikli so pomembni, ker pomagajo razumeti, da volatilnost ni vedno posledica enega dogodka. Pogosto gre za \u0161ir\u0161e zaporedje premikov, kjer se kopi\u010dijo optimizem, vzvodno trgovanje, medijska pozornost in kasnej\u0161e unov\u010devanje dobi\u010dkov. Za za\u010detnika je to pomembno zato, ker pojasni, zakaj se cena v\u010dasih premika tudi takrat, ko ni ene same velike novice.<\/span><\/p><h2><b>Vzvod, izvedeni produkti in hitri premiki<\/b><\/h2><p><span style=\"font-weight: 400;\">Volatilnost pri Bitcoinu pove\u010dujejo tudi izvedeni finan\u010dni instrumenti, kot so futures in options, ter trgovanje z vzvodom. Ko trgovci uporabljajo izposojena sredstva za ve\u010dje pozicije, se ob\u010dutljivost trga \u0161e pove\u010da. Ob ve\u010djem premiku lahko pride do prisilnih zapiranj pozicij, kar ustvari dodatne nakupe ali prodaje in s tem \u0161e okrepi gibanje cene.<\/span><\/p><p><span style=\"font-weight: 400;\">To je eden od razlogov, zakaj se Bitcoin v\u010dasih premakne zelo hitro. Ne gre vedno le za spremembo osnovnega zanimanja, ampak tudi za tr\u017eno strukturo. \u010ce je na trgu veliko vzvodnih pozicij, lahko \u017ee manj\u0161i premik spro\u017ei veri\u017eno reakcijo. Zato je za razumevanje volatilnosti pomembno vedeti, da cena ni odvisna le od tega, koliko ljudi \u017eeli kupiti ali prodati, ampak tudi od na\u010dina, kako so njihove pozicije postavljene.<\/span><\/p><h2><b>Zakaj je to pomembno<\/b><\/h2><p><span style=\"font-weight: 400;\">Najpomembnej\u0161e je razumeti, da volatilnost ni naklju\u010dna in tudi ne pomeni, da je trg popolnoma nepredvidljiv. Pomeni pa, da se cena Bitcoina odziva na ve\u010d plasti hkrati. Na eni strani so omejena ponudba, likvidnost in cikli, na drugi strani pa razpolo\u017eenje, novice, makro okolje in tr\u017ena struktura.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Pomembno je tudi, da se volatilnost ne zamenjuje z enostavno prilo\u017enostjo ali s samodejnim tveganjem. V praksi pomeni predvsem to, da so premiki hitrej\u0161i in da je potrebna ve\u010dja disciplina pri razumevanju trga. Bitcoin se zato ne obna\u0161a kot klasi\u010dno var\u010devalno sredstvo, temve\u010d kot trg, kjer so kratkoro\u010dna odstopanja izrazitej\u0161a.<\/span><\/p><h2><b>Tveganja in pogoste napake<\/b><\/h2><p><span style=\"font-weight: 400;\">Najpogostej\u0161a napaka je prepri\u010danje, da volatilnost povzro\u010da samo ena stvar, na primer halving, regulacija ali posamezna novica. V resnici gre skoraj vedno za preplet ve\u010d dejavnikov. Druga pogosta napaka je podcenjevanje likvidnosti. Ko se zdi, da je trg velik, se hitro pozabi, da lahko ve\u010dji premiki \u0161e vedno mo\u010dno vplivajo na ceno.<\/span><\/p><p><span style=\"font-weight: 400;\">Tretja napaka je nerazumevanje vloge vzvoda in izvedenih produktov. Marsikateri hitri premik ni le posledica spremembe mnenja na trgu, ampak tudi posledica prisilnega zapiranja pozicij. \u010cetrta napaka pa je me\u0161anje dolgoro\u010dnega pogleda na Bitcoin z dnevnim gibanjem cene. Sistem lahko ostaja enak, medtem ko se cena na trgu premika zelo izrazito.<\/span><\/p><h2><b>Prakti\u010den primer<\/b><\/h2><p><span style=\"font-weight: 400;\">Predstavljeno je obdobje, v katerem se pojavi pozitivna novica, zanimanje javnosti naraste, likvidnost pa ostane omejena. Ve\u010d kupcev vstopi na trg, cena za\u010dne rasti, rast pa pritegne dodatno pozornost. \u010ce so na trgu prisotne \u0161e vzvodne pozicije, lahko ta premik postane \u0161e izrazitej\u0161i. Tak\u0161en primer poka\u017ee, kako se omejena ponudba, razpolo\u017eenje in tr\u017ena struktura hitro zdru\u017eijo v ve\u010dji premik.<\/span><\/p><p><span style=\"font-weight: 400;\">Predstavljeno je tudi nasprotno obdobje. Pojavi se negativen regulativni signal ali \u0161ir\u0161a finan\u010dna negotovost, ve\u010dji udele\u017eenci zmanj\u0161ajo izpostavljenost, tr\u017ena globina oslabi, nato pa se spro\u017eijo dodatne prodaje. Cena se v takem okolju lahko zni\u017ea hitreje, kot bi kdo pri\u010dakoval pri bolj klasi\u010dnih trgih. Prav ta ob\u010dutljivost pojasni, zakaj je Bitcoin volatilen in zakaj razlaga ne more temeljiti le na enem dejavniku.<\/span><\/p><h2><b>Kaj spremljati naprej<\/b><\/h2><p><span style=\"font-weight: 400;\">Po razumevanju te teme je priporo\u010dljivo bolje razumeti likvidnost, vlogo velikih udele\u017eencev, delovanje vzvodnega trgovanja in razliko med spot trgom ter izvedenimi produkti. Koristno je spremljati tudi, kako se Bitcoin odziva na makro podatke, regulativne novice in spremembe razpolo\u017eenja na \u0161ir\u0161ih trgih.<\/span><\/p><p><span style=\"font-weight: 400;\">Pomembno je tudi razumeti, da so cikli pri Bitcoinu del njegove tr\u017ene zgodovine, ne pa zagotovilo za prihodnost. Bolj ko je jasno, kako se povezujejo trgi, likvidnost in pri\u010dakovanja, la\u017eje je razumeti, zakaj je cena v\u010dasih zelo mirna, drugi\u010d pa zelo ob\u010dutljiva.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e966c73 elementor-view-framed elementor-position-inline-start elementor-widget__width-initial elementor-mobile-position-inline-start elementor-shape-circle elementor-widget elementor-widget-icon-box\" data-id=\"e966c73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"47\" height=\"47\" viewBox=\"0 0 47 47\" fill=\"none\"><path d=\"M0 10.5C0 4.70101 4.70101 0 10.5 0H36.5C42.299 0 47 4.70101 47 10.5V36.5C47 42.299 42.299 47 36.5 47H10.5C4.70101 47 0 42.299 0 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4.84v61h-31.28c-30.8 0-40.41 19.12-40.41 38.73V256h68.78l-11 71.69h-57.78V501C413.31 482.38 504 379.78 504 256z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-instagram elementor-repeater-item-8af6857\" href=\"https:\/\/www.instagram.com\/kriptomagazin_sl\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Instagram<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-instagram\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.1 141c-63.6 0-114.9 51.3-114.9 114.9s51.3 114.9 114.9 114.9S339 319.5 339 255.9 287.7 141 224.1 141zm0 189.6c-41.1 0-74.7-33.5-74.7-74.7s33.5-74.7 74.7-74.7 74.7 33.5 74.7 74.7-33.6 74.7-74.7 74.7zm146.4-194.3c0 14.9-12 26.8-26.8 26.8-14.9 0-26.8-12-26.8-26.8s12-26.8 26.8-26.8 26.8 12 26.8 26.8zm76.1 27.2c-1.7-35.9-9.9-67.7-36.2-93.9-26.2-26.2-58-34.4-93.9-36.2-37-2.1-147.9-2.1-184.9 0-35.8 1.7-67.6 9.9-93.9 36.1s-34.4 58-36.2 93.9c-2.1 37-2.1 147.9 0 184.9 1.7 35.9 9.9 67.7 36.2 93.9s58 34.4 93.9 36.2c37 2.1 147.9 2.1 184.9 0 35.9-1.7 67.7-9.9 93.9-36.2 26.2-26.2 34.4-58 36.2-93.9 2.1-37 2.1-147.8 0-184.8zM398.8 388c-7.8 19.6-22.9 34.7-42.6 42.6-29.5 11.7-99.5 9-132.1 9s-102.7 2.6-132.1-9c-19.6-7.8-34.7-22.9-42.6-42.6-11.7-29.5-9-99.5-9-132.1s-2.6-102.7 9-132.1c7.8-19.6 22.9-34.7 42.6-42.6 29.5-11.7 99.5-9 132.1-9s102.7-2.6 132.1 9c19.6 7.8 34.7 22.9 42.6 42.6 11.7 29.5 9 99.5 9 132.1s2.7 102.7-9 132.1z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-x-twitter elementor-repeater-item-0e6eb4c\" href=\"https:\/\/x.com\/kriptomagazin_\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">X-twitter<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-x-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin elementor-repeater-item-02f091a\" href=\"https:\/\/www.linkedin.com\/company\/kriptomagazin\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-tiktok elementor-repeater-item-5341c3e\" href=\"https:\/\/www.tiktok.com\/@kriptomagazin_\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Tiktok<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-tiktok\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M448,209.91a210.06,210.06,0,0,1-122.77-39.25V349.38A162.55,162.55,0,1,1,185,188.31V278.2a74.62,74.62,0,1,0,52.23,71.18V0l88,0a121.18,121.18,0,0,0,1.86,22.17h0A122.18,122.18,0,0,0,381,102.39a121.43,121.43,0,0,0,67,20.14Z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0940988 e-flex e-con-boxed e-con e-parent\" data-id=\"0940988\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-70bc5e0 elementor-widget elementor-widget-n-accordion\" data-id=\"70bc5e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1180\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-1180\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><p class=\"e-n-accordion-item-title-text\"> Zakaj je Bitcoin bolj volatilen kot veliko tradicionalnih sredstev? <\/p><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1307)\"><path d=\"M19.2412 18.4819H24.5638C24.7654 18.4819 24.9588 18.5621 25.1014 18.7047C25.244 18.8472 25.3241 19.0407 25.3241 19.2423C25.3241 19.4439 25.244 19.6373 25.1014 19.7799C24.9589 19.9226 24.7654 20.0027 24.5638 20.0027H19.2412H13.9186C13.7169 20.0027 13.5235 19.9226 13.3809 19.7799C13.2383 19.6374 13.1582 19.4439 13.1582 19.2423C13.1582 19.0407 13.2383 18.8472 13.3809 18.7047C13.5235 18.5621 13.7169 18.4819 13.9186 18.4819H19.2412Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1307\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0347)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1310)\"><path d=\"M24.5638 18.4818H20.0015V13.9196C20.0015 13.7179 19.9214 13.5245 19.7788 13.3819C19.6363 13.2393 19.4428 13.1592 19.2412 13.1592C19.0395 13.1592 18.8461 13.2393 18.7035 13.3819C18.5609 13.5245 18.4808 13.7179 18.4808 13.9196V18.4818H13.9186C13.7169 18.4818 13.5235 18.5619 13.3809 18.7045C13.2383 18.8471 13.1582 19.0405 13.1582 19.2421C13.1582 19.4438 13.2383 19.6372 13.3809 19.7798C13.5235 19.9224 13.7169 20.0025 13.9186 20.0025H18.4808V24.5647C18.4808 24.7664 18.5609 24.9598 18.7035 25.1024C18.8461 25.2449 19.0395 25.3251 19.2412 25.3251C19.4428 25.3251 19.6363 25.245 19.7788 25.1024C19.9214 24.9598 20.0015 24.7664 20.0015 24.5647V20.0025H24.5638C24.7654 20.0025 24.9589 19.9224 25.1014 19.7798C25.244 19.6372 25.3241 19.4438 25.3241 19.2421C25.3241 19.0405 25.244 18.8471 25.1014 18.7045C24.9588 18.562 24.7654 18.4818 24.5638 18.4818Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1310\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0352)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1180\" class=\"elementor-element elementor-element-9d6e91c e-con-full e-flex e-con e-child\" data-id=\"9d6e91c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-08e341c elementor-widget elementor-widget-text-editor\" data-id=\"08e341c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Ker je trg bolj ob\u010dutljiv na spremembe v povpra\u0161evanju, na razpolo\u017eenje, na ve\u010dje posle in na regulativne novice. Pomemben dejavnik je tudi manj\u0161a likvidnost v primerjavi z najve\u010djimi tradicionalnimi trgi.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1181\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1181\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><p class=\"e-n-accordion-item-title-text\"> Ali omejena ponudba sama po sebi povzro\u010da volatilnost? <\/p><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1307)\"><path d=\"M19.2412 18.4819H24.5638C24.7654 18.4819 24.9588 18.5621 25.1014 18.7047C25.244 18.8472 25.3241 19.0407 25.3241 19.2423C25.3241 19.4439 25.244 19.6373 25.1014 19.7799C24.9589 19.9226 24.7654 20.0027 24.5638 20.0027H19.2412H13.9186C13.7169 20.0027 13.5235 19.9226 13.3809 19.7799C13.2383 19.6374 13.1582 19.4439 13.1582 19.2423C13.1582 19.0407 13.2383 18.8472 13.3809 18.7047C13.5235 18.5621 13.7169 18.4819 13.9186 18.4819H19.2412Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1307\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0347)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1310)\"><path d=\"M24.5638 18.4818H20.0015V13.9196C20.0015 13.7179 19.9214 13.5245 19.7788 13.3819C19.6363 13.2393 19.4428 13.1592 19.2412 13.1592C19.0395 13.1592 18.8461 13.2393 18.7035 13.3819C18.5609 13.5245 18.4808 13.7179 18.4808 13.9196V18.4818H13.9186C13.7169 18.4818 13.5235 18.5619 13.3809 18.7045C13.2383 18.8471 13.1582 19.0405 13.1582 19.2421C13.1582 19.4438 13.2383 19.6372 13.3809 19.7798C13.5235 19.9224 13.7169 20.0025 13.9186 20.0025H18.4808V24.5647C18.4808 24.7664 18.5609 24.9598 18.7035 25.1024C18.8461 25.2449 19.0395 25.3251 19.2412 25.3251C19.4428 25.3251 19.6363 25.245 19.7788 25.1024C19.9214 24.9598 20.0015 24.7664 20.0015 24.5647V20.0025H24.5638C24.7654 20.0025 24.9589 19.9224 25.1014 19.7798C25.244 19.6372 25.3241 19.4438 25.3241 19.2421C25.3241 19.0405 25.244 18.8471 25.1014 18.7045C24.9588 18.562 24.7654 18.4818 24.5638 18.4818Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1310\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0352)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1181\" class=\"elementor-element elementor-element-abb9507 e-con-full e-flex e-con e-child\" data-id=\"abb9507\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bbced43 elementor-widget elementor-widget-text-editor\" data-id=\"bbced43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Omejena ponudba sama ni edini razlog, je pa pomemben del razlage. Ko se povpra\u0161evanje hitro spremeni, omejena ponudba pove\u010da ob\u010dutljivost cene.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1182\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1182\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><p class=\"e-n-accordion-item-title-text\"> Kaj pomeni likvidnost pri Bitcoinu? <\/p><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1307)\"><path d=\"M19.2412 18.4819H24.5638C24.7654 18.4819 24.9588 18.5621 25.1014 18.7047C25.244 18.8472 25.3241 19.0407 25.3241 19.2423C25.3241 19.4439 25.244 19.6373 25.1014 19.7799C24.9589 19.9226 24.7654 20.0027 24.5638 20.0027H19.2412H13.9186C13.7169 20.0027 13.5235 19.9226 13.3809 19.7799C13.2383 19.6374 13.1582 19.4439 13.1582 19.2423C13.1582 19.0407 13.2383 18.8472 13.3809 18.7047C13.5235 18.5621 13.7169 18.4819 13.9186 18.4819H19.2412Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1307\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0347)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1310)\"><path d=\"M24.5638 18.4818H20.0015V13.9196C20.0015 13.7179 19.9214 13.5245 19.7788 13.3819C19.6363 13.2393 19.4428 13.1592 19.2412 13.1592C19.0395 13.1592 18.8461 13.2393 18.7035 13.3819C18.5609 13.5245 18.4808 13.7179 18.4808 13.9196V18.4818H13.9186C13.7169 18.4818 13.5235 18.5619 13.3809 18.7045C13.2383 18.8471 13.1582 19.0405 13.1582 19.2421C13.1582 19.4438 13.2383 19.6372 13.3809 19.7798C13.5235 19.9224 13.7169 20.0025 13.9186 20.0025H18.4808V24.5647C18.4808 24.7664 18.5609 24.9598 18.7035 25.1024C18.8461 25.2449 19.0395 25.3251 19.2412 25.3251C19.4428 25.3251 19.6363 25.245 19.7788 25.1024C19.9214 24.9598 20.0015 24.7664 20.0015 24.5647V20.0025H24.5638C24.7654 20.0025 24.9589 19.9224 25.1014 19.7798C25.244 19.6372 25.3241 19.4438 25.3241 19.2421C25.3241 19.0405 25.244 18.8471 25.1014 18.7045C24.9588 18.562 24.7654 18.4818 24.5638 18.4818Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1310\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0352)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1182\" class=\"elementor-element elementor-element-2c601e7 e-con-full e-flex e-con e-child\" data-id=\"2c601e7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0100a12 elementor-widget elementor-widget-text-editor\" data-id=\"0100a12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Likvidnost pomeni, kako enostavno je mogo\u010de kupiti ali prodati Bitcoin brez ve\u010djega vpliva na ceno. Ni\u017eja likvidnost pomeni, da lahko ve\u010dji posli premaknejo ceno bolj izrazito.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1183\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1183\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><p class=\"e-n-accordion-item-title-text\"> Ali na volatilnost vplivajo tudi novice? <\/p><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1307)\"><path d=\"M19.2412 18.4819H24.5638C24.7654 18.4819 24.9588 18.5621 25.1014 18.7047C25.244 18.8472 25.3241 19.0407 25.3241 19.2423C25.3241 19.4439 25.244 19.6373 25.1014 19.7799C24.9589 19.9226 24.7654 20.0027 24.5638 20.0027H19.2412H13.9186C13.7169 20.0027 13.5235 19.9226 13.3809 19.7799C13.2383 19.6374 13.1582 19.4439 13.1582 19.2423C13.1582 19.0407 13.2383 18.8472 13.3809 18.7047C13.5235 18.5621 13.7169 18.4819 13.9186 18.4819H19.2412Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1307\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0347)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1310)\"><path d=\"M24.5638 18.4818H20.0015V13.9196C20.0015 13.7179 19.9214 13.5245 19.7788 13.3819C19.6363 13.2393 19.4428 13.1592 19.2412 13.1592C19.0395 13.1592 18.8461 13.2393 18.7035 13.3819C18.5609 13.5245 18.4808 13.7179 18.4808 13.9196V18.4818H13.9186C13.7169 18.4818 13.5235 18.5619 13.3809 18.7045C13.2383 18.8471 13.1582 19.0405 13.1582 19.2421C13.1582 19.4438 13.2383 19.6372 13.3809 19.7798C13.5235 19.9224 13.7169 20.0025 13.9186 20.0025H18.4808V24.5647C18.4808 24.7664 18.5609 24.9598 18.7035 25.1024C18.8461 25.2449 19.0395 25.3251 19.2412 25.3251C19.4428 25.3251 19.6363 25.245 19.7788 25.1024C19.9214 24.9598 20.0015 24.7664 20.0015 24.5647V20.0025H24.5638C24.7654 20.0025 24.9589 19.9224 25.1014 19.7798C25.244 19.6372 25.3241 19.4438 25.3241 19.2421C25.3241 19.0405 25.244 18.8471 25.1014 18.7045C24.9588 18.562 24.7654 18.4818 24.5638 18.4818Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1310\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0352)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1183\" class=\"elementor-element elementor-element-2ddd360 e-flex e-con-boxed e-con e-child\" data-id=\"2ddd360\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-741f8ab elementor-widget elementor-widget-text-editor\" data-id=\"741f8ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Da. Bitcoin je zelo ob\u010dutljiv na novice, regulativne signale, medijsko pozornost in spremembe v razpolo\u017eenju vlagateljev. Zato se cena lahko hitro odzove na nove informacije.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1184\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1184\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><p class=\"e-n-accordion-item-title-text\"> Zakaj imajo cikli pri Bitcoinu tako velik pomen? <\/p><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1307)\"><path d=\"M19.2412 18.4819H24.5638C24.7654 18.4819 24.9588 18.5621 25.1014 18.7047C25.244 18.8472 25.3241 19.0407 25.3241 19.2423C25.3241 19.4439 25.244 19.6373 25.1014 19.7799C24.9589 19.9226 24.7654 20.0027 24.5638 20.0027H19.2412H13.9186C13.7169 20.0027 13.5235 19.9226 13.3809 19.7799C13.2383 19.6374 13.1582 19.4439 13.1582 19.2423C13.1582 19.0407 13.2383 18.8472 13.3809 18.7047C13.5235 18.5621 13.7169 18.4819 13.9186 18.4819H19.2412Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1307\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0347)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1310)\"><path d=\"M24.5638 18.4818H20.0015V13.9196C20.0015 13.7179 19.9214 13.5245 19.7788 13.3819C19.6363 13.2393 19.4428 13.1592 19.2412 13.1592C19.0395 13.1592 18.8461 13.2393 18.7035 13.3819C18.5609 13.5245 18.4808 13.7179 18.4808 13.9196V18.4818H13.9186C13.7169 18.4818 13.5235 18.5619 13.3809 18.7045C13.2383 18.8471 13.1582 19.0405 13.1582 19.2421C13.1582 19.4438 13.2383 19.6372 13.3809 19.7798C13.5235 19.9224 13.7169 20.0025 13.9186 20.0025H18.4808V24.5647C18.4808 24.7664 18.5609 24.9598 18.7035 25.1024C18.8461 25.2449 19.0395 25.3251 19.2412 25.3251C19.4428 25.3251 19.6363 25.245 19.7788 25.1024C19.9214 24.9598 20.0015 24.7664 20.0015 24.5647V20.0025H24.5638C24.7654 20.0025 24.9589 19.9224 25.1014 19.7798C25.244 19.6372 25.3241 19.4438 25.3241 19.2421C25.3241 19.0405 25.244 18.8471 25.1014 18.7045C24.9588 18.562 24.7654 18.4818 24.5638 18.4818Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1310\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0352)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1184\" class=\"elementor-element elementor-element-4c9b262 e-flex e-con-boxed e-con e-child\" data-id=\"4c9b262\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b93a1b0 elementor-widget elementor-widget-text-editor\" data-id=\"b93a1b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Ker se na tem trgu pogosto ponavljajo obdobja mo\u010dne rasti in nato izrazite ohladitve. Pri tem imajo pomembno vlogo pri\u010dakovanja, \u0161pekulativno trgovanje, halving zgodba in \u0161ir\u0161e tr\u017eno okolje.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1185\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1185\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><p class=\"e-n-accordion-item-title-text\"> Ali volatilnost pomeni, da Bitcoin nima vrednosti? <\/p><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1307)\"><path d=\"M19.2412 18.4819H24.5638C24.7654 18.4819 24.9588 18.5621 25.1014 18.7047C25.244 18.8472 25.3241 19.0407 25.3241 19.2423C25.3241 19.4439 25.244 19.6373 25.1014 19.7799C24.9589 19.9226 24.7654 20.0027 24.5638 20.0027H19.2412H13.9186C13.7169 20.0027 13.5235 19.9226 13.3809 19.7799C13.2383 19.6374 13.1582 19.4439 13.1582 19.2423C13.1582 19.0407 13.2383 18.8472 13.3809 18.7047C13.5235 18.5621 13.7169 18.4819 13.9186 18.4819H19.2412Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1307\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0347)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"38\" height=\"38\" viewBox=\"0 0 38 38\" fill=\"none\"><path d=\"M0 9.46584C0 4.238 4.238 0 9.46585 0H28.4141C33.6419 0 37.8799 4.238 37.8799 9.46585V28.3975C37.8799 33.6254 33.6419 37.8634 28.4141 37.8634H9.46585C4.23801 37.8634 0 33.6254 0 28.3975V9.46584Z\" fill=\"white\" fill-opacity=\"0.1\"><\/path><g clip-path=\"url(#clip0_745_1310)\"><path d=\"M24.5638 18.4818H20.0015V13.9196C20.0015 13.7179 19.9214 13.5245 19.7788 13.3819C19.6363 13.2393 19.4428 13.1592 19.2412 13.1592C19.0395 13.1592 18.8461 13.2393 18.7035 13.3819C18.5609 13.5245 18.4808 13.7179 18.4808 13.9196V18.4818H13.9186C13.7169 18.4818 13.5235 18.5619 13.3809 18.7045C13.2383 18.8471 13.1582 19.0405 13.1582 19.2421C13.1582 19.4438 13.2383 19.6372 13.3809 19.7798C13.5235 19.9224 13.7169 20.0025 13.9186 20.0025H18.4808V24.5647C18.4808 24.7664 18.5609 24.9598 18.7035 25.1024C18.8461 25.2449 19.0395 25.3251 19.2412 25.3251C19.4428 25.3251 19.6363 25.245 19.7788 25.1024C19.9214 24.9598 20.0015 24.7664 20.0015 24.5647V20.0025H24.5638C24.7654 20.0025 24.9589 19.9224 25.1014 19.7798C25.244 19.6372 25.3241 19.4438 25.3241 19.2421C25.3241 19.0405 25.244 18.8471 25.1014 18.7045C24.9588 18.562 24.7654 18.4818 24.5638 18.4818Z\" fill=\"white\"><\/path><\/g><defs><clipPath id=\"clip0_745_1310\"><rect width=\"12.4142\" height=\"12.4142\" fill=\"white\" transform=\"translate(13.0349 13.0352)\"><\/rect><\/clipPath><\/defs><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1185\" class=\"elementor-element elementor-element-9fb62f1 e-flex e-con-boxed e-con e-child\" data-id=\"9fb62f1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e97d7ed elementor-widget elementor-widget-text-editor\" data-id=\"e97d7ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Ne. Volatilnost pomeni predvsem, da se cena hitro spreminja. To je tr\u017ena lastnost, ne pa avtomati\u010den dokaz o odsotnosti vrednosti.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Bitcoin je postal globalno prepoznavno digitalno sredstvo, vendar njegovo ceno \u0161e vedno zaznamujejo izraziti in hitri premiki. Na vrednost hkrati vplivajo povpra\u0161evanje, razpolo\u017eenje trga, likvidnost in \u0161ir\u0161e makro okolje, zato se lahko cena v kratkem \u010dasu opazno spremeni. Tak\u0161ni premiki niso naklju\u010dni, temve\u010d so posledica na\u010dina, kako Bitcoin trg deluje, kdo na njem sodeluje in kako hitro se nove informacije vklju\u010dijo v trgovanje.<\/p>\n","protected":false},"author":3,"featured_media":38127,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[148],"class_list":["post-31656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kripto-akademija","tag-bitcoin"],"jetpack_featured_media_url":"https:\/\/testnamag.si\/staging\/wp-content\/uploads\/2026\/03\/Volatilnost-Bitcoina.png","_links":{"self":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/31656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/comments?post=31656"}],"version-history":[{"count":18,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/31656\/revisions"}],"predecessor-version":[{"id":38768,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/31656\/revisions\/38768"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media\/38127"}],"wp:attachment":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media?parent=31656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/categories?post=31656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/tags?post=31656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}