Bitcoin Cash fork happened. The fuss around the growth of this coin finished. And what we see top-5 of cryptocurrencies including BTC, Bitcoin Cash, Ethereum, Ripple and Litecoin shows their growth.
Does it mean that we will not see any shocking changes on the market this year? Hope, yes.
We won't see instant changes maybe, but we'll see stable growth from the market. On last Sunday, the market cap went down to $198 B and now it's above $220 B. This is almost 20% gain compared to 2-3 days ago. This is huge in difference.
Stabilization is not that possible because, even, the stock markets are keep growing high. Check Dow Jones.
Sure. Nothing stabilization. We wait CME, we wait some more events. And today you see that BTC growth again. What stabilization you say? Volatility is simply giant. But wait and buy right crypto!
this movement will not last forever,
what he said 'stabilization' mean is the price moving sideways,
so i believe in the next few months later or in early 2018ish we should see the price stabilize.
due to exhaust and alternative coin pump,
just remember there'll be a time for this run to stop and moving sideway to control the market.
it's like a few years ago if i remember it correctly,
and every year they're always did it
Yes, but next year big money has more options to play on the market. So, it could make bitcoin either more or less volatile.
Both of those effects could effect the marketcap negative or positive, depending on who's most invested in what scenario.