Post
Topic
Board Speculation
Re: Is $6000 to $7000 the stable price for bitcoin?
by
Ganbound
on 14/10/2018, 07:30:40 UTC
looking at the market throughout the year it seems that bitcoin prices are stable in the price range of $6000 to $7000, maybe we will be able to survive in this range until the end of the year, and the market will probably start to climb in the middle of next year because at the beginning of the year I still feel it's difficult for bitcoin to start crawling up but if there is good news about ETF the situation might get better in a short time, hopefully ETF approval will not be delayed so that bitcoin can moon again.
You are right from the start of this year the price of bitcoin is almost stable and there is no big growth for the last several months. I think that this situation is due to manipulation of the market and now the buyers are rare in the market which affects the price. I also agree that if the ETF is approved the market cap will go up and the price may cross $10000 till the end of the year.