Sadly not, bitcoin has just suffered a huge crash 12 hours ago. that is the evidence which has shown bitcoin still not a stable coin in this cryptomarket rightnow, the market is not stable too, rightnow i feel like the market is at a very sensitive time, the price of bitcoin is effecting too much on altcoins, as soon as bitcoin drops fast, the entire market drops too, but bitcoin recovers very slow but quick drop. we will have to wait for a long time to see bitcoin stable again.
A $600-$1000 drop is definitely not a "huge crash", knowing the volatility of bitcoin and cryptocurrencies in general. If you think that amount is a huge crash, then you have seen nothing yet.
Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.
Why do people always thinking too hasty? Everything needs time to recover, just because you see spike like last year then you want it to be back in an instant? As we know, bitcoin is a volatile investment which means there is no stability on its price whether it will spike or it will drop anytime.
Simple. Because everyone just to be rich quick. For some reason people think that bitcoin is the easy way to riches.