Dear All!
How long do you think there will be volatility fluctuation in the market? Do you agree that this is done intentionally and these swings up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards
The volatility fluctuations are simply because of the forever changing balance of buyers and sellers in the market. When prices goes up then there are more buyers then sellers in the market and when price goes down vice-versa. When we are in a consolidation period it means that the balance is somehow at an equilibrium.
Of course that as the market matures and more institutional money flows into the market the price movements will become more compact and you won't see this kind of brutal swings. That's simply because there will be much more liqudity in the order books and it will be much harder to move the price.