New All-Time High at $7,598

[Hasbalin]

Once again, and in less than 2 week the bitcoin price has achieved a new  high price and break  $7,500 range  on November 5 first time all-time, with out  add positive positive effect of new fork .

Demand In Japan and South Korea (the popularity of offline exchanges of Bithumb and Coinone ) exponential increase  .

So Why is the Market So Optimistic?

There will be a hard fork. People think they can get two coins if they buy now. Similar things happened before Bitcoin Cash fork.

[949miner]

does anyone knows why bitcoin is going down? wasn't it supposed to go up before the fork? it is strange, i dont know why the market is reacting like this, maybe a lot of whales are trying to sell their coins and this is the main reason of why it has been dropping so fast, but nobody knows it exactly.
I would dump my coins if i have some right now, the price is expensive and this was a perfect opportunity to sell.
but yes, it is affecting the market by a lot of marketcapitalization, of course.

[grimesrhymes]

does anyone knows why bitcoin is going down? wasn't it supposed to go up before the fork? it is strange, i dont know why the market is reacting like this, maybe a lot of whales are trying to sell their coins and this is the main reason of why it has been dropping so fast, but nobody knows it exactly.
I would dump my coins if i have some right now, the price is expensive and this was a perfect opportunity to sell.
but yes, it is affecting the market by a lot of marketcapitalization, of course.

A lot of people know why the price went up and don't think it is sustainable and so now they are getting out, also there is still uncertainty around the fork which will actually be bad for the price of bitcoin.