Post
Topic
Board Speculation
Re: Is $6000 to $7000 the stable price for bitcoin?
by
hawkins
on 10/10/2018, 16:28:41 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?
I think 6000 and $7,000 is not a stable price for bitcoin and if we look very well we would find out that a breakout is about to happen that might push bitcoin above $10,000 or make it to head towards $3000. The volatility will soon resume and we would should start to see some positive price.
for now, prices cannot be said to be stable. Well, seeing the current price of bitcoin is still very difficult to rise to higher. but all crypto users have the same hope, which is to see bitcoin prices stable at $ 7,000 for this month. well, it might be a good start to be stable.