fluctuating btc price

[Idrisu]

We are waiting for the next price fluctuations especially significant one by November because of another hardfork issue coming up by then. We should expect bitcoin price to be in the range trend from now till then. Correction is underway maybe next week but is not going to be a serious fluctuations as it will be like taking profit and reinvest by traders. In which ever way now is the best time to buy bitcoin especially for long term investors.

[Ewox]

I think the next time the price fluctuates would most likely be in November when another hardfork is coming. So as usual we should all be aware and cautious and maybe expect already the price of bitcoin and other altcoins to fluctuate. Then everyone would be getting ready for December because I know for sure a lot of people will be converting their bitcoins to fiat money.

[flyingcat]

The thing with segwit is that there was the bicoincash issue too. People did have some doubts, but also wanted to hold their BTC in order to get more BCC/BCH. In fact, there were huge movements in lending, some people offering 5% daily and more in polo because they wanted to hoard BTC to get BCH.

Offering 5% daily is gone and today, the profit for lending don't high as your said, because that time just is exchange and whales want kill margin trader have long order take loss.

[kubuminer]

Bitcoin seems to have built resistance. It is in a bullish pattern. This can change yes, but it indicates that the price is on an upward trend

[deisik]

I think the next time the price fluctuates would most likely be in November when another hardfork is coming. So as usual we should all be aware and cautious and maybe expect already the price of bitcoin and other altcoins to fluctuate. Then everyone would be getting ready for December because I know for sure a lot of people will be converting their bitcoins to fiat money

November should be a scorching hot month in the Bitcoin world indeed

Personally, I don't have any doubts about that. That said, I don't expect the price volatility to rise just in November only. We had seen the severe price fluctuations well before the split (i.e. August, 2nd), actually starting this summer, i.e. two months prior the event date. In this way, we could well expect Bitcoin volatility to start surging right now all the way till November. This is how any such news or event is being played upon by the market. It was the same with the Bitcoin Cash split-off, it was basically along the same lines with the 2016 reward halving, and likely with many other similar events

[jjacob]

I think the next time the price fluctuates would most likely be in November when another hardfork is coming. So as usual we should all be aware and cautious and maybe expect already the price of bitcoin and other altcoins to fluctuate. Then everyone would be getting ready for December because I know for sure a lot of people will be converting their bitcoins to fiat money.

People who convert bitcoins to fiat just because they are afraid of the hard fork are acting too soon. We know that the last hard fork only resulted in an increase in price, although there was a lot of fud floating around before that.

[drachman]

Price fluctuation is common with bitcoin as well other digital currencies. If there is no fluctuation surely the price might be stable but the same could have not gained such a increased popularity as the present. Also just because of the fluctuating price people are getting into it to gain more profits through different earning sources available.

The fluctuations in price are to be expected especially since bitcoin is such a new project so it is natural that its movements are a lot more pronounced than people are used to.