A lot of noise and FUD news was been said about the price movements of bitcoin lately. We are expecting bitcoin price to move up faster without considering the facts that the process of cryptocurrencies revolution comes in stages. Even the fiat currencies also pass through some stages before it become stabilized.
In every sphere of life, there is always a revolution and developmental stages which I believe is also affecting bitcoin too. Let have believe that this process will stabilize bitcoin in the long run and be more acceptable.
We can definitely agree on that because after the Bitcoin crash many changes were happen in the world of Bitcoin and one of that is Bitcoin got more involved in business transactions and processes in the world in a considerable percentage and even existing holders sold many Bitcoin they were holding for a lower price new investors came into the investing market to buy Bitcoin for a low price so with that it got more users than we had before in the world and due to above reasons and many other we can see its price is increasing in a stable rate at the moment