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 .
Now i think this situation will be continue for few months and in June bitcoin will be started to grow up. I can only predict about it and i see the videos in YouTube they also predict just like my prediction, it mean we should wait for a time and hold bitcoin now the pump of bitcoin price is not far for us.
Personally, the price of cryptocurrencies in general would never be stable unless a third-party would intervene on the said regulation or imposition of taxes. We all know that due to its decentralized nature, lack of government intervention or any company regulation contributes to its another nature, which is its volatility. Though there are times that the prices are relatively stable on a given price margin (i.e $7,000-$8,000 mark), usually the price skyrockets or decreases depending on the circumstances around the world.