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.
I like the way you think. BTC had massive gains in December, massive losses in January and then massive gains in February. People have become too greedy and too unpatient and want to repeat 100% gains like in December 2017.
In fact, greed is just the right word. A lot of people just keep expecting that the market will just recover and start with a bull run immediately. Same reason we ended up having a lot of FOMOs in the market that ended up giving up their position to the whales at the slightest panic. Well, probably, the OP should know that every day is not Christmas but what we have had enough is even enough for a new year bonus.
I expect this rise to be slow, the bulls are not doing a lot of work to convince the smart investors and from the look of things, nothing is sure yet. However, with respect to what you are referring to as stable again? I would like to ask in return. When has it ever been stable in the literal terms?