Quote from: jhonjhon on February 29, 2020, 11:53:45 AM

Quote from: ice098 on February 27, 2020, 06:49:00 PM

Quote from: Abdulowad on February 25, 2020, 09:05:44 PM

is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?

That wouldn't be certain by now because there's no fixed value for bitcoin due to volatile market behavior which every can't determine. The safest way to consider for the main time is that, we should focus on holding and accumulating our asset while we're still having unpredictable trend which suddenly surprise us every minute. Just like with the latest crash, no one has been expecting that to occur this month due to lots of positive expectations.

Bitcoin price can change almost every day and for as much as we all want the price to be steady it won't happen. Bitcoin wouldn't be this value if it weren't for its volatility that attracts investors and being unpredictable is already part of bitcoin nature so we can't really say bitcoin is having a steady price or price cap. With the upcoming halving we may see ups and downs I just hope it will go back again to $10k.

Exactly, it is impossible for Bitcoin to have a stable price because it is the nature of Cryptocurrencies specifically the Bitcoin to be volatile. We might see some cases that it doesn't make any movement but this is just for a while and will not last long. Besides, I don't like for Bitcoin or should I say nobody wants for Crypto to have a steady price because this gives profit, this attracts more investors, this is what makes unique to all kind of currency.