Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
Well, bitcoin is kind of stable for now, it having a value between 7000-8000 usd. Regarding on the question "when bitcoin will continue to fluctuate?" My answers is it is hard to figure it out now since market was so upredictable. For now, the things we can do is to keep our coins inside of our wallert and don't release unless it goes up again.
Because it is driven by the law of supply and demand the fluctuations of price is just a manifestation of natural trading with no body controlling it.