Post
Topic
Board Speculation
Re: Is $6000 to $7000 the stable price for bitcoin?
by
Pamadar
on 02/10/2018, 10:11:25 UTC
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
Perhaps this is true, but such a price can be considered stable for Bitcoin only this year. Stable prices for Bitcoin can not be. It will always change. Perhaps it will become more stable when Bitcoin reaches a certain maximum limit in its value. However, the achievement of this maximum limit can immediately be accompanied by a sharp fall in its price as it was last December.
There's a lots of possibilities we can't predict whether the value already been stable to this level or anytime soon it can jumped over the last height or
it will fall deeper we just need to make some good assumptions and have always good strategy in order adopt certain  changes,  we are still in the process of waiting and speculate whatever movements market will go after.