Quote from: upekhaanthony on January 02, 2018, 10:45:28 AM

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, honestly speaking, bitcoin is not stable. It is the most volatile currency on the planet. Its obvious because it is a crypto currency and is not centralized. The fluctuation alone prove that fact. But this does not mean that all hope is lost. It will definitely go up.
The reason for fluctuations is because previously they were switching to segwit2x, so it went down a couple of notches. Now it is rumored that they might be merging BTC with BCH (Bitcoin Cash). Again, just a rumor. Not confirmed!
So with these kind of rumors circling around, people tend to secure their investments and cash out, bringing its value down. But it also makes some people interested and allows them to invest in it too, since the price has been pushed down. And this forces the value to go back up. So to reiterate, the value will go up in the future.

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