People could be shocked to know that bitcoin actually has a stable period as well in between of those huge ups and downs. Like for example the year 2017 saw us go from 700 at the bottom to 20k right? We all remember that. We also remember the period in 2018 where we dropped.
But, if you asked people they will not remember that from around May to around September, we actually had a period where it was mostly between 6k to 8k and just moved up and down between those two. This is where we are right now, it could go down even more, it could go up a lot more but we know that we are in a period where its stable for the time being before it decides what it will do.
Without realizing it I also like most people, only remember when Bitcoin experienced a high increase and when the Bitcoin price fell. As for when
the Bitcoin price is sideaway, I often forget about it, even though there are moments when Bitcoin moves steadily. As is the case now Bitcoin is
only moving around the $38k-$41k price, it looks like Bitcoin is hard to go down and hard to go up. In this period, what we need to do is to monitor first
to learn where Bitcoin is going. Or we can also do short-term trading seeing price movements like this, so it depends on each of us to respond to
a stable market condition like now. What is certain is that current market conditions are only temporary, in the end Bitcoin will show a very high
price increase or vice versa Bitcoin will fall even deeper. Whatever happens in the future, investing in Bitcoin is something that is profitable if we can
be patient waiting for the target we want to achieve.