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by RexetBlell 3150 days ago
Having too many forks makes it confusing for newcomers (and even hedge funds). So naturally avoiding a fork and keeping the community together is good for Bitcoin, which made the price go up.
1 comments

The speculation prior was the the fork was driving people to buy BTC - hence the expectation of a correction.
on wex it went up as high as $7900 and as low as $7000 so it is still very volatile, I would expect more of a sell off as people who bought in hoping to capitalise on a fork now exit their position but this may also mean more risk averse investors will buy in now that there is no contentious fork due. so, as usual with bitcoin, no one knows what the hell is going to happen