What are the strengths of a dot plot?

Could you please elaborate on the strengths of a dot plot? I'm curious to understand how it can be such a useful tool in the realm of cryptocurrency and finance. For instance, how does it effectively convey complex data and trends? What makes it stand out from other visualization techniques? Additionally, how does a dot plot assist in making informed decisions or predictions within the volatile crypto market? I'm particularly interested in its ability to identify patterns or trends that might not be immediately apparent in raw data. Thank you for taking the time to explain.