Topic: Is $6000 to $7000 the stable price for bitcoin? - page 8. (Read 1049 times)
Bitcoin prices have stabilized around $ 6000 in the past few weeks. Beside bitcoin there are also some very strong growth altcoins. Hope this is the sign of an upcoming uptrend season.
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 $6k as stable price for bitcoin?
For the past couple of months, Bitcoin has continuously maintain some sorth of steadiness between 6000$ and 7000$, guess reason why. With time, it shall surpass that and move upward to a reasonable price.
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?
Well looking at the current trading trends, we can say $6k to $7k can be considered as the stable price of Bitcoin for now but i see the market price of bitcoin going beyond $7k before this year ends. I believe and think Bitcoin is still young to have a stable price, it has potential of going beyond $15k. 
Current price means that there isn't enough buying pressure to see the price skyrocket. We have a new floor around the 6200-6000 levels which is the support level, but since there aren't many buyers interested in Bitcoin, the price kinda stagnates around the current levels with the usual fluctuation. Is it stable? Not really, it just means that we're in for a long accumulation period, it's one of the few phases that we'll see before the prices starts going up.
I don't think so. We all know that the market can raise or fall for 100 billions in two days. BTC dominance will raise in bears market and will low in bullish market. I think there is no stable price for any cryptocurrency for today, even for BTC.
Don't worry there has been a bull run just about every years end since 2010. There will definitely be one this year because lots of money will be flowing in from bakkt ice. Big money from people much richer then us.
so shall we consider $6k as stable price for bitcoin?
Maybe in last year bitcoin will too the moon like the end of previous year Bitcoin price to nearly $20k. But total Suply of Bitcoin is under 20%, i don't know if that will make price grow up or no 
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?
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