Post
Topic
Board Economics
Re: Is the Market Stabilizing?
by
Malsetid
on 10/04/2019, 06:14:22 UTC
no, the value of bitcoin keeps moving even every minute. if noticed, even if only a few percent, the value of bitcoin actually continues to move. and we are still waiting for a big move, whether it will lead to high or fall.

Most interesting is that it really small percentage price increase but its constant. It never was like this in past so this can be something good, maybe we will see finally price moving little bigger but after these few spikes I dont thinks so. Maybe someone is testing new price.

You must have been dreaming or sleeping,,,  BTC jumped in a sudden move over 15%, and more than 20% in 24 hours, and then it dropped back again but is now climbing back up to above the sudden move. This does not seem like a slow increase does it?

Of course new prices are being tested, and the most important will be again the 6000 range which BTC was stuck at for so long before dropping to 3000.

Bottom line is that the market is not stable at all. There a fluctuations and volatile movement all time, it just varies from slow to aggressive. Currently it's moving slowly with more on the upward trajectory but there's still the occassional dips of course.