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?
I think people are shifting exchanges to ETH because it is going to happen the Hard Fork event. The traders are trying to take advantage of this event to push ETH up and start liquidating it after they receive their reward in this event. I guess that after receiving the reward, traders will sell all of the ETH they hold at a higher price than what they have spent.
I think the coming up your will be very good for the development of the time and it happens so if it is happened that free analysing things are definitely reduces the people will also accept Bitcoin again so hoping to be it will happen soon.