Post
Topic
Board Speculation
Re: Bitcoin is stabilizing?
by
Razick
on 12/09/2014, 19:36:11 UTC
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.

Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?

I wouldn't be surprised to see another flash crash, but I think we are poised for the beginning of a steady price recovery over the next few months. There's a lot of evidence for this if you think about why the price has been falling, and consider all the recent news. Studying the charts from last summer made me very optimistic. Seriously, try it.