Bitcoin price has come in a moment where for more than 2 weeks now is sitting in the area of 610 USD +- 10 USD most of the time. Why has the price stopped moving up or down ? Bitcoin is well known for its instability and being very unstable but now things for me are starting to look different. I was reading bitcoin related news in clear and also deep web but could not find anything that can make the price of Bitcoin go up or down.
Any ideas why the price is stuck for more than 2 weeks now ?
As of now bitcoin price is increasing and decreasing we will not stuck up on that price and everyday bitcoin price moving and if you really track those movement you will see that there are many investors who really exchange there bitcoin into fiat and fiat into bitcoin, bitcoin into another altcoins if the price of bitcoin stopped moving up or down maybe it is not on demand at the moment.
The price of bitcoin is not really stuck, bitcoin is moving forward with its nature of gradual increase and decrease in price. After few days of gradual increase the price was fluctuating around $630, which had now decreased by a small margin.