Bitcoin Fall and Quick Rise
Over the last couple days bitcoin has had some wild swings. It has dropped all the way down to nearly $5500, and is now sitting at over $7000!
Why did this happen
(This is all my opinion)
With all the debate going on with the forks and segwit2x, I believe people moved into bitcoin cash and that shows with the massive price rise that has gone on. But now we say that bitcoin cash has dropped to about 0.175.
This chart of bitcoin cash shows the massive hype that went in to it while bitcoin dropped down to it’s bottom. Now as bitcoin cash settled down we see that bitcoin has raised quickly up to over $7000.