With bitcoin rising again, will it take long for it to be stable again?
Slowly growing? Its price was at $5800 just five days ago and at some point it has again touched the line of $9000, that is, an increase of more than 50% in less than a week, this is called "slow growth"? I think sometimes people tend to lose the true perspective of things in their eagerness to become millionaires overnight. I think that bitcoin has grown rapidly this week, especially if we take into account the fateful forecasts that hovered around the market.
Well, you would not blame them. Most people tend to look at the negative sides, miss the good part when they should have been buying a little bit low, rather than complaining all the time. Sure, the market is volatile, but 55% increase within few hours and a little bit back down to $8000 region is not a little bit of profit for some who bought in within that low region. It would still take some time to consolidate, but for now, we are really doing well.