Some are commenting that the recent price hike was due to the conferences being held in various places and upcoming conferences.
"In addition, Lee pointed out that the 2018 conference (marking the fourth year of the event), scheduled to kick off in New York City on May 14, is expected to pull in a crowd of roughly 7,000 (as compared to last years 2750-strong crowd) previously, when attendance increased, Bitcoin jumped by 69% during the conference, and 138% in the months following the event."
https://cryptovest.com/news/fundstrat-analyst-foresees-impending-rally-for-bitcoin-owing-to-consensus-conference/In the current market the stability and the equilibrium has established and this is due to the equal number of demand for Bitcoin which is responsible for this stability. The Bitcoin fluctuates and today the price equivalent to 8.7k dollar which is increasing more with the passage of time. Now invest in Bitcoin and choose your new modern way of living without any high transaction fees and wastage of time.