Indeed yesterday the price of bitcoin continues to increase every day and now bitcoin down, because bitcoin prices are unstable. and while the bitcoin decreases, that's when investors buy large amounts of bitcoin to get bigger profits when bitcoin prices go up and the price is higher.
Yesterday the price of bitcoin is only 6900$,now it crossed the value of 7240$.This is what many expected.This is an expected move of bitcoin price.All this happen only due to increase in demand of Bitcoin. Since the fork is nearing,the price of bitcoin will keeps on increasing till 22 November.
Some what right.Due to fork too,the price may start to raise.Since the Christmas time is coming ,that also one of the reason for the raise.Many are investing now by considering the fork and the Christmas.At this year end the price of bitcoin will be 8500$.I had inverse and waiting for that value.