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Topic: Is $6000 to $7000 the stable price for bitcoin? - page 3. (Read 1049 times)

sr. member
Activity: 574
Merit: 250
looking at the market throughout the year it seems that bitcoin prices are stable in the price range of $6000 to $7000, maybe we will be able to survive in this range until the end of the year, and the market will probably start to climb in the middle of next year because at the beginning of the year I still feel it's difficult for bitcoin to start crawling up but if there is good news about ETF the situation might get better in a short time, hopefully ETF approval will not be delayed so that bitcoin can moon again.
member
Activity: 588
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The price of the bitcoin have been staying at the range of $6000 to $6500 level for some time now and it's been trying to climb above that level but it still not succeeding. Bitcoin may not reach the $10k this remaining months of this year if its growth or uptrend continuous to be slow. The price will remain stable and will remain at that level unless there is a positive developments coming before the year ends.
sr. member
Activity: 714
Merit: 250
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i think so, it will be good for bitcoin price to saty above $6000 until the end of this year. even the highest price that bitcoin can reach in the beginning of 2019 are never past $9000, this is my prediction about bitcoin price, and recovery time will come in the end of 2019 until the beginning of 2020, there will be new all time high price for bitcoin if stayed above $6000 until the end of 2018.
hero member
Activity: 1204
Merit: 500
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
I think 6000 and $7,000 is not a stable price for bitcoin and if we look very well we would find out that a breakout is about to happen that might push bitcoin above $10,000 or make it to head towards $3000. The volatility will soon resume and we would should start to see some positive price.
for now, prices cannot be said to be stable. Well, seeing the current price of bitcoin is still very difficult to rise to higher. but all crypto users have the same hope, which is to see bitcoin prices stable at $ 7,000 for this month. well, it might be a good start to be stable.
sr. member
Activity: 882
Merit: 269
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
I think 6000 and $7,000 is not a stable price for bitcoin and if we look very well we would find out that a breakout is about to happen that might push bitcoin above $10,000 or make it to head towards $3000. The volatility will soon resume and we would should start to see some positive price.
hero member
Activity: 966
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There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
Perhaps this is true, but such a price can be considered stable for Bitcoin only this year. Stable prices for Bitcoin can not be. It will always change. Perhaps it will become more stable when Bitcoin reaches a certain maximum limit in its value. However, the achievement of this maximum limit can immediately be accompanied by a sharp fall in its price as it was last December.
Cryptocurrency market as it is so called is a market and not a person that would listen to you. However, the price is going to be in the short term or in the long term is only going to be dependent on how the global space entirely perceive its usage and how we get to see mass adoption over time.

No one knows how far the market would go up eventually or if there is still room more to go downward, but even though we are having some sideways movement between $6k and $7k does not mean it would remain like this forever.
sr. member
Activity: 1568
Merit: 283
Looks like this price range is a stable price for bitcoin this time. The whole market is still not grow enough and maybe we need to wait more time until new or old investors come again and put money on market, and most of coins can reach over x100 i think. Until then we just can wait.
Yes, it has been stable since long but it will start increase trend only if we investors try to avoid selling for small profit that will enable the price to follow up trend. About real time you are absolutely right about that, we need to wait for some more time in order to make sure our coins gain more value that will make out outcome. After following all this it will payoff the most if you start buying right now.
hero member
Activity: 2464
Merit: 519
The description at this time and price is not the word stable coin but finding its bottom, it lowest price value of it bearish run. It is believed to be the price that form resistance for price dump, trader dont expect the price to go lower.  Example of stable coins are tether, USDT, market demand does not affect their price; one tether will always be 1 dollar.
copper member
Activity: 336
Merit: 1
It has been this price for a very long time so i guess we can consider it the stable price. Hopefully the ETF and SEC guys will also see it as  the stable price as it is now running at the least volatile price now meaning they might approve this decision now
hero member
Activity: 2744
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There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
in many ways of thinking i guess thats right that the stable value of bitcoin run's from $6,000-7000 as for almost four months after the massive price decrease. Value brings us to the stable stand for this amount
Thats why start your homework now and expect no growth moret than$7,000 .but ofcourse let us be ready incase the bull run's back to us
hero member
Activity: 3164
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yes you are correct that the price of bitcoin this year is likely to be stable at the price of $ 6-7k and it seems very difficult to be able to return to high prices again because there is no good news that can trigger investors or whales to buy coins. I also see from the graph that it seems like this year bitcoin prices tend to fall.
For this year? Do not say that yet!! There is every chance that in the next few hours or days, we will definitely get to see bitcoin take a direction, so assuming a stable price at the moment, around $6k to $7k for the rest of the year is one thing I would not expect. We are in a descending triangle and one way or the other, the market will eventually tend to breakout to one direction, but how that happens is something we will only get to see in a matter of time and for what it is worth, with the way previous Q4 have been for the past few years, let's hope we may get to see the same thing this year.
sr. member
Activity: 2016
Merit: 283
Probably because $6000 is the current bottom price  of bitcoin . But it's uncertain as of now in my opinion  because since the market price always fluctuate drastically ,market always loss support. Which in my view soon there's a tends that resistance will disappear, but for sure there's another stable price which is $5000
sr. member
Activity: 1372
Merit: 259
Market just waiitng signal for huge bullrun. And when we will get him (some big whales must start huge adversiting) - crypto will go to new ATH. And this bullrun will be even hure than in January. Bakkt launch in November. So only one month left. I think this will be point for start growing.
legendary
Activity: 1176
Merit: 1024
From many days i am absorbing the Bitcoin market and Bitcoin price is very stable at the price 6000$ to 6600$. Which makes me rethink whether it is going to be stable at that position because the more it stables the real price can be achieved.
We are not even close to the real price of bitcoin yet. Probably you do not have an idea how low adoption is at the moment and the fact that with more development, mainstream adoption and thereabout, there is still a huge room for growth as far as I am concerned.

Presently, the value of bitcoin is just being stalled inside a triangle but that does not mean it would not eventually take to one direction in the next few days. What this direction is going to be is one thing no one can know yet, but with time, I guess we will eventually get to see it anyway. So in that case, I would not want to put my mind on any stability within this region.
member
Activity: 322
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It's been a while that bitcoin has maintained or just struggled to push its market price above 7,000$ that it looks like it became its stable price for now. But with the recent price hike of bitcoin, it seems that it's heading to break the 7,000$ price now.
sr. member
Activity: 1246
Merit: 261
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Current growth trend is seen stable as you said. You can even see now that there is a slow and steady progress in growth. We have minimum $80 to $110 increase every week if you see. I love and expect the same trend to move on as this is the healthy more i do see instead of having a big bull run and falling back to the ground and struggling to wake up with values step by step. 
full member
Activity: 334
Merit: 100
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
I agree with you. Currently the stable price of bitcoin is $6k - $7k. But it doesn't mean that it will remain in this segment only. This is just current position of bitcoin. As bitcoin is not falling from $6k and is not surpassing $7k as well , so thatswhy we can say that currently the stable price of bitcoin is $6k - $7k. Hope bitcoin will soon break this wall and reaches the greater heights.
member
Activity: 282
Merit: 10
For the moment yes , he is stable between this two numbers . In the last few months he has remain stable , i have no ideea why and if thats a good think. Many holders pray for bitcoin to go up cuz if bitcoin will not go up they wil lose a lot of money . But if bitcoin will grow up than the profit will come .
legendary
Activity: 3528
Merit: 7005
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Sure looks like we're having a period of stability right now, but don't be fooled.  Bitcoin became "stable" back in 2016 or so at $400-$450 if I recall correctly, and these same kinds of discussions were being had then as well.  The period of stability didn't last forever; it was just a lull in the market, albeit a pretty long one for bitcoin.

The good thing then was that bitcoin broke upwards after it started moving, and we all know where it headed--$20,000.  What I'm hoping for is that when we get unstuck from the range we're in right now, the market will also start moving upward.  Given that bitcoin is still pretty damn high relative to where it's been in the past, it certainly could go the other way.  I don't think it'll crash though.  There hasn't been any bad news lately, and sentiment is still fairly strong.

We'll see, but I wouldn't get complacent and start thinking bitcoin is going to be in this range forever.  It isn't.
hero member
Activity: 1414
Merit: 516
Looks like this price range is a stable price for bitcoin this time. The whole market is still not grow enough and maybe we need to wait more time until new or old investors come again and put money on market, and most of coins can reach over x100 i think. Until then we just can wait.
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