Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?
Fluctuate so hard?
It's a common thing in crypto-market, even for bitcoin which has the highest price, people aims to get profits by trade bitcoin and altcoins, hence, it's inevitable. Bitcoin won't stop to fluctuate as long as there is the demand for bitcoin, there will always people who sell bitcoin and vice versa.
The nature of bitcoin price is constantly increases, but recently, bitcoin fees makes people looking for an alternative coins to invest in, and others can't be patient for bitcoin to increase, which makes them prefer to cash out and allocate the funds to altcoins.