What is bitcoin historical volatility?

Could you elaborate on the concept of Bitcoin's historical volatility? I'm interested in understanding how volatile Bitcoin's price has been over time, and how this metric is calculated. Is it based on daily, weekly, or monthly price fluctuations? How does Bitcoin's historical volatility compare to other traditional assets or even other cryptocurrencies? What are some of the key factors that influence its volatility, and how do investors factor this into their decision-making process? I'd appreciate a concise yet comprehensive overview of this important aspect of Bitcoin investing.