Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?
Price stability of Bitcoin at $6,000 for those who have just get in I mean to those are new investors but not that good for Bitcoin holders that bought their coins way back 2017 where prices are way too high. Traders will of course move their investments to Altcoins if market performance is good I mean volatility is still present because that is where we collect our gains. Stability is not profitable so I think investors will find it's way to a more volatile market.