Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
I think for now the status of bitcoin its not so stable. But I hope in near future it became stable. So everyone can easy to used bitcoin. And the value also of bitcoin it became higher and higher.
Bitcoin will not become stable, If bitcoins become stable then it will not be profitable. The reason why bitcoins is good for long term investment is because of the value that keeps on increasing as the time goes by and because of that more and more investors are getting rich when theres a huge pump on the market.