Why is BTC fluctuating SO MUCH?

[deciphertron]

The value of bitcoin is fluctuating or not stable because it depends on the supply and demand law, just like any other products or other tupe of business in the world. Maybe it will become stable if no one will trade bitcoin in the market or any exchange sites out there.

[ethereumhunter]

The value of bitcoin is fluctuating or not stable because it depends on the supply and demand law, just like any other products or other tupe of business in the world. Maybe it will become stable if no one will trade bitcoin in the market or any exchange sites out there.

I think if no one will trade with bitcoin, then the price will be down too deep and people won't use bitcoin again like before. people only want to save without doing anything and there will be no activity for bitcoin. but if this is really happening, then I think there will be other coins that will replace bitcoin to continue cryptocurrency world so cryptocurrency could work like usual. but I don't think that bitcoin will be stable in this short time because every day there is more people wants to buy and sell bitcoin and each of them has their own goals and purpose with bitcoin so the price will be more fluctuating.

[dvillier]

The only reason of such high fluctuation is that BTC price increased to 19k$ with very quick speed in last month due to which all traders have earn more profit in very short duration and they have start transacting their profit due to which price again start falling and after falling now traders again start investing and price will again start growing and those people who wait from last some weeks for rising again they have start transacting their money due to which price fluctuation is increasing now a days.

[TheGodFather]

It's a rollercoaster???

Bitcoin is fluctuating so mcg because there are still a lot of uncertainty surrounding the cryptocurrency and its kot just bitcoin but it extends to other cruptoa as well. However with its fluctuations it can also give off high values quicker than dome might expect

[arseaboy]

It's a rollercoaster???

Bitcoin is fluctuating so mcg because there are still a lot of uncertainty surrounding the cryptocurrency and its kot just bitcoin but it extends to other cruptoa as well. However with its fluctuations it can also give off high values quicker than dome might expect

It's a correction which is common, when  the value fell then time will come and it will rise back up again, I'm sure if you will keep an eye with this
you will be happy taking the advantage just focus and let your experience enhance your knowledge.

[DomainTorrent]

Sure enough it's a rollercoaster ride for bitcoin. When there's too much demand, too much buying bitcoin's price roars high. But then when there's too much selling, lots of supply, when investors panic and bad propaganda arise, bitcoin goes down. As this is decentralized, everything is volatile. Bitcoin is not for the weak hearted people just like when one rides a rollercoaster. Great, however, for adventurous people who are willing to take risks.

[QuestionAuthority]

It's a rollercoaster???

Bitcoin is fluctuating so mcg because there are still a lot of uncertainty surrounding the cryptocurrency and its kot just bitcoin but it extends to other cruptoa as well. However with its fluctuations it can also give off high values quicker than dome might expect

It's a correction which is common, when  the value fell then time will come and it will rise back up again, I'm sure if you will keep an eye with this
you will be happy taking the advantage just focus and let your experience enhance your knowledge.

This is not Bitcoins “normal” roller coaster ride. Read this all the way through: https://www.biznews.com/global-citizen/2017/12/06/bitcoin-bitfinex-tether-risk-crashing/

If you can understand what this article is talking about you will understand what is happening to the price.

[redhondaxrm125]

It's a rollercoaster???

Because of all the fuds being spread about it.
This forces all the weak hearted investors and holders to panic sell amd take profits or cut losses. No other reason i can think of.
But I don't think we should be worried since the major problems of bitcoin is getting fixed and maybe soon it will finish. Amd by the time this happens, then i think it will make the prices start going up again and breaking records by records like it used to.

[coin_maker]

Most time, the flunctuation is naturally caused by the buyer and the sellers which is inevitably unavoidable.
Supply and demand often time influence its value stability

[rudox]

I concur with you. That is the situation now as the price dipped more demand will be made on the market and the price will start to go up again. There is no need to panic liquidity makes us money in crypto trading.

[cryptotaste]

The value of a bitcoin is tied purely to the laws of supply and demand. In other words, the price is determined only by what the market is willing to pay. If more people want to buy bitcoins, then the price will increase. If more people want to sell, the price will decrease.

[Feduk]

Human mind is subject to the influence of zhyotage and panic.
As The Telegraph writes about the current exchange fever around bitcoin, "if it's a bubble, now we are dealing with a manic phase before the collapse"

[naufals4]

Relax, it's a cryptocurrency world man, it's a normal sometimes they're going up really fast and sometimes they're going down really fast either. so just keep investing your money on the coin that's price going dip and wait until the price go back to normal.