What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
First of all: although it's full of unrelated posts and sometimes funny, sometimes not, there's already a (huge)
thread about Bitcoin price movements.
I've asked there and
I've got an answer. Not a perfect one, however, maybe it helps you more,
maybe together with these graphs.