It is either be lower or higher for this month but I doubt that it would be stable at a certain point given that the market value of not only Bitcoin but also other cryptos are naturally volatile. Stability could only be possible if ever Bitclin would be regulated to majority of the countries. But for that thing to happen, there will be more years to come given that issues are still being faced by blockchain technology in general.
why not ? actually its now happening , recently the price playing at 9k to 10k usd . this can take for a long time but i think im not ok with it , would be more better if btc be stable at a good price range maybe 15k to 16k usd .
still i dont assume that the stability will last forever knowing that there are still county and people that arent involve in btc but once all of them enter , the price can either pump more and it can also dump more harder than what we are experiencing right now .
It is just stable at such point because there is an anticipated event particularly with Bitcoin halving. Investors are holding from selling at such point and maybe are also anticipating for a bigger profit once true bull run occured after the halving as what was expected by the majority.
Too risky I think. Excessive expectations often affect the analysis, it is better to take a middle ground. Hopefully, but many things can change and happen unexpectedly. Just look at the price movements of bitcoin this month, quite wild, huh? unexpected ups and downs even though there are no strong news or numbers. Approaching halving is still not too significant changes in price, I hope the flash pump will come soon.
Being patient and not making absurd conclusions would be more advisable at this moment due to the anticipated halving just like the fork before that boosted the market price of Bitcoin. It is either investors are waiting for a price increase or a lower market value for them to invest once its price become lower as the day of halving is approaching.
