Can you profit hehe
What sort of a question is this ?
YES YOU CAN (to answer your question directly)
but now. you might go out and invest in bitcoin and come back broke and ask , why did that happen.
well. it's because your question was incorrect.
(Now. i don't mean to sound like a Ninja Master from a Ninja Movie from the 80's hehe)
you can profit from anything if you do it correctly
and you can lose on anything if you do it incorrectly
what you should be more concerned with , i think , is
How much Margin is required to put down 1.0 Lot in bitcoin
You'll find it's ballpark $3,000 and you have to have substantially more than this to be safe.
Now. if you do, and you know how to trade safely
YES, YOU MIGHT MAKE A BIT ON BITCOIN (no pun intended)
but.... Do you have around $20k to invest in bitcoin ?
because ir you are thinking of doing it with under $1,000............... DON'T