According to @smtgpt, understanding why Bitcoin (BTC) has value is essential for anyone considering trading or investing in the cryptocurrency market. The source emphasizes the importance of conducting independent research (DYOR) to grasp Bitcoin's fundamentals, such as its decentralized nature, limited supply, and network security, which underpin its price movements and trading opportunities. These core attributes drive investor sentiment and liquidity, directly impacting BTC price action and volatility, which traders should consider when making market decisions (source: @smtgpt).