Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies,
But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin.
That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than
100 billion $ back in crypto market, as we can see in the last week.
Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China
and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia.
Chinese mainland markets are closed Feb. 15-21.
Not all mainland markets of China are closed at 15-21, the market will run as usual, only the impact will be felt in the market, especially the crypto market.
I think the current price is stable, although there are still many who wait will be able to value $ 9000 even more in the near future, but it seems still need some correction to get the number, i hope it soon
True $ 8000 or $ 9000 is the bitcoin stable price before the December 2017 pump.
I hope that it can still reach this price range by september to reach the peak of last year because many are actually thinking negatively right now. I hope this month of july 2018 will show some positive movement because the past month price was actually depressing for many.