Post
Topic
Board Trading Discussion
Re: PRICE STABILITY
by
wuvdoll
on 01/12/2018, 07:34:17 UTC
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
Last time we all thought about a stability was between 6 thousand dollars and 7 thousand dollars. You can see what happened to that. As soon as people start to think that market is going stagnant, bitcoin price does something we can't imagine. I hope this time it will be higher because if it goes anything lower like it did last time we are really screwed.

If the market drops like 20% once again we can't really afford it. Hence never believe that bitcoin or generally crypto prices will be stagnant for a long time because even if it stays like that for 5-6 months in a row, it will move to a direction very quickly. Last time it went from 6.5 thousands to 5.4 thousands in HALF HOUR, which was record breaking loss at a record breaking time. Hence, always be prepared for something like that.