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!
It would be good if bitcoin price remains stable.But since bitcoin is a decentralized network,it is highly volatile in nature.Volatility in price could not be avoided.There is no central authority to control or regulate the price of bitcoin and so bitcoin price increases or decreases with difference in demand for bitcoin.