The quantity of pending transactions on blockchain is increasing or decreasing with related to Btc attraction.
It seems that as the number of pending transactions increases, there will be a volality in the market.
The blockchain network has a capacity that it can handle, when this capacity is full, transactions begin to wait in quene and the transfer time becomes longer. Also, transfer costs are also increasing.
People are turning away from bitcoin to avoid the long wait and expensive transfer fees.
This means that the volatility will decrease until the overloaded network calms down, meaning a horizontal price performance.