Bitcoins Emerging Price Stability
Earlier in January Bitcoin, as it receded as recipient of an infinite press, began to see its trading range tighten after months of wild swings. I pointed this out as perhaps the start of new stability for Bitcoin, which in turn could help its platform mature, or indicate maturation thereof.
There was some squawking that the time frame I had selected as enough to indicate a trend was too short. It was a reasonable complaint. Happily, Bitcoin has behaved and exonerated me by tacking on another tranche of time of generally stable prices.
http://techcrunch.com/2014/02/01/bitcoins-emerging-price-stability/I've only been watching BTC for about a year and 1/2. During that time we have had longer periods of stability than we are currently experiencing. I highly doubt that BTC has "stabilized" at ~800.00 although that would be great.
More volatility is almost certainly on the horizon.