Post
Topic
Board Speculation
Re: Bitcoin price stabilizes?
by
decoder88
on 20/02/2018, 20:32:46 UTC
Prices are fluctuating due to many factors such as demand and supply, so it can't be predicted nor it can't be guaranteed to be stable for the next few days or months but as per the news said about it, We can see the possibility for recovery anytime soon, we just have to wait. compared to the past weeks bitcoins are a lot better now. The market has find its way to be on track again, and so this should be a sign for traders to go and continue their investments.
Bitcoin faces a lot of factors which affect its price value wherein we can't totally say that it will stabilize. Just like you said about supply and demand, this will cause the fluctuation which breaks the rule of stabilization. Maybe we can say that it is recovering now from being down because we see its value has been improving. So, we must continue to support crypto and always trust its power.
Bitcoin is always on the process of changing it's value because of the demand and supply of users ofor cryptocurrency and i must say that it will not stabilize because of this law of demand and supply that will always happen. But we can consider this rise of price as the rise from it's fall. Because in every fall, there will always be rise.