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?.
Yes. Stabilizing now after the long correction happened for almost 100 plus days causing more than 60 percent of loss to the crypto values. But look at last 10 days growth. The first spike of $1000 occured in one hour. The good thing is that the amount just stayed stable growing and falling between few hundreds. Today it almost brushed $9000. Hope to see the same trend in upcoming days.