One of the good indicators of bitcoin making progress is the fact that we are staying at 1000+ for days now and everytime we approach 1000, it goes up again. Doubters seem to be getting nervous and they are getting in when it gets close to 1000.
So we hit a new record? We have been at 1000+ since Feb 2th.
This is no new record
We have been in this floor and visited it several times. It is that now i guess this is the new floor (I hope so) of Bitcoin price. A good value to start skyrocketing again.
As far as I'm in bitcoin world, I have learned 'there is no any stable price that last for days/weeks or even months for sure' fluctuate price is a normal thing in bitcoin environment because bitcoin still in growing phase and doesn't has bigger market cap to hold the price free from manipulation of daily traders. However, even though bitcoin price fall down due to a problem, the price will recover again and again which it already back to $1000.
Even the most stable currency fluctuate. Remember the only permanent in this world is change. It is the universal law. So there is no news if Bitcoin fluctuates but if it goes deep below $900 then it is a news . Bad new for holder and good news for buyers.