Post
Topic
Board Speculation
Re: Slow gains and stability
by
jc89
on 21/06/2017, 17:54:43 UTC
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

Slow and steady growth is a healthy growth. Yes, some prefer a steady and stable price so that no major drop on price will occur. Staying at this phase is beneficial to Bitcoin as a whole since more investors might be attracted and start engaging in Bitcoin. Steady growth is great if the price trend is always upward  Grin Grin