Re: 440$ reached

Trading with a range can be a good consolidation. After a few months of consolidation, the price will rise again.

That is right. I think the price rose a lot in the May to June period, over 60% in some measures. So correction is needed.

yes, the price grew a lot though it seems to be going down once again, in my opinion the price is going to start getting back pretty soon and i hope it will shoot to the sky

I hope the price will go up, but not too fast. If the price rises just 3 to 5% per months, it is good for the adoption.

Slow price rise or low volatility is the main characteristic of a good currency. I hope the bitcoin can achieve that.

When the bitcoin market cap is $500 billion or more, it is more difficult to manipulate, the price will be stable.

That is right. When the market cap is high like some fiat currency such as British Sterling, the price will be stable.