Hello Bitcointalk Family,
About one month, Bitcoin Price up and down between 10-12k USD. And, it went below 10K for some reasons. But My Confusion is" is this price will be stable for long time?" or is there any chance for pump like before? What do you think about it?
Please kindly inform
Thank You .
No. It can't stay stable when you have decentralised market like bitcoin where thousands of transactions are getting stuck at one point and the other day millions are getting confirmed. Thats going very unpredictable now a days and affecting the market waves badly. You will the wavy spikes in weeks to come as most of the market will be jumping in for the profit race.
Will the current price be stable? The price has only stayed on the 10k-12k mark for like 2 weeks. It would probably take months on the same price range to be called "stable". Is there a chance for another upward price rally? Definitely possible. It's just that no one knows when.
Not really. There is no way this market is going to stable at any point.
No, it is the logical result of governments reacting to the huge boost from previous months.
there are bad news everywhere.
all those FOMOs are now leaving. only the true HODLers will enjoy the next price rise.
It will take about 2 months as far as my senses tell me
You do really think that will happen? I believe that there is no real answer to this question as long as we don't have further data to analyse the market.