BTC recovering

[BitMaxz]

I think the reason of the price drop its because of huge fee increased holders are converting to bitcoin cash that is why the value of bitcoin cash is getting increases.. from yesterday and today almost 30% to 45% increased. but drop a bit just few hours ago. So i think the value of bitcoin will stay around $16k to 18k until end of this month..
$20k plus much possible to happen next year.. for me its impossible right now to recover the price value of bitcoin since the fee is getting increases it would be wasted if you pay fee too much high for small transaction so bitcoin user will stay holding until the fee is getting normal again.. I saw many of us having transaction stuck and waiting to confirm..
And i think there are lots of bitcoin user right now planning to sell their bitcoin but they are thinking twice because the fee are still increasing..

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[richardsNY]

I think the reason of the price drop its because of huge fee increased holders are converting to bitcoin cash that is why the value of bitcoin cash is getting increases..

Don't let yourself get fooled. Bitcoin has been dealing with high fees for quite a while now, which large holders don't see as a problem. The only people complaining about this are noobs and faucet farmers not being able to move dust due to the higher fees. Bitcoin Cash having gone up is a natural development in the altcoin market, because if Bitcoin goes down, altcoins go up. On top of that we shouldn't underestimate how much influence big holders have with close ties to the Bitcoin Cash side -- they have the ability to pump the value to a 1:1 ratio within a day if they so wish. It's top notch market manipulation and nothing more.

[Vannie12]

Massive ups and downs are pretty normal at this stage. Bitcoin’s value was likely urge because some who wanted to follow CME in trading bitcoin futures while in some point it means more funds are placed in virtual currencies.
It’s also quite possible that investors see bitcoin’s massive rise and decided to cash out instantly that is why people are advised to think twice about buying into bitcoin in this particular time.

[Ararbermas]

Looks like BTC is recovering good after the BCH pump. I think we will definatly be between $20000 - $22000 by the end of the year.
Any thoughts?

that's not true mate actually bitcoin price still decreasing on this moment maybe bitcoin cant reach that value before year end unless it will make a long jump after this scenario like what happened 2 weeks past. And also i have doubts maybe it will continue to collapse i hope not too much.