Bitcoin Forum

https://www.ccn.com/bitcoin-price-climbs-to-9200-market-hits-420-billion-as-tokens-record-gains/

Bitcoin, now stable at 9300 USD, seems to be taking its time in price growth unlike its path last week. This seems to be giving the volume time to increase along with it to support it. As a result of this stable growth, the rest of the market has been following a very similar path. It seems that the market is sitting in good shape at this point.

Good Luck Traders,
The Elysian Team

Im quietly optimistic at the moment. There seems to be a steady drip of good news coming out doesn't there. Pantera Capitals 40trillion target may be a little overoptimistic though. Short to medium term anyway

There's a big amount of price resistance in the upper 9000s so it's not likely we'll see that broken in a hurry. Slow and steady growth is what's best right now and always. I do expect a bit of a bottle cap effect once 10k is broken whereby 11-12k comes quite soon.

I think so too, with the current stable market price is very good, and will soon be going up again, and maybe it will happen next month.

The bitcoin price for now is very stable, and I think this kind of price is great for us to make purchases, and I believe that bitcoin prices will go up for next week.

I am responding to bitcoin market today is still not stable because I see a decline is still going to happen, and also some negative factors are still looking for loopholes to make the value of bitcoin falling again.

like yesterday, I was happy with the $ 9500 bitcoin value, but down again to the point $ 8900, and until the correction ends, I will not say that the bitcoin market is stable.

ever since April 12 that price went up $1000 in one hour, the price has been rising slowly and that is about 17 days of solid slow growth in price and volume has always been high.
with this trend we may see $10k be broken before the end of this week if nothing unexpected happens. the money seems to be coming back too.

If this flow of bitcoin market will continue up to December then people will never again think that bitcoin is really a bubble. It is much safer to invest now knowing that the market is stable. Though there are signs in the chart that bitcoin could go back down to 7700$ but this will be just temporary and its a good move. I just hope that there will be no instant bullish moves on bitcoin that will cause again another overvalued bitcoin that will end up in a crash.

Seriously speaking now I am little bit confused with the fluctuations occurring in the valuation of bitcoin. The market was very simple and good as well in the last month of December but this new year is quite confusing with the valuation of bitcoin. First the valuation deflated to a very great extent but what I am feeling is so relaxed that again the valuation started increasing and this inflation again encouraged millions of investors to trust bitcoin again and to invest again into bitcoin.

Probably has to do because of the futures and the big players entering the market. Nobody wants to get burned but they have the money and the power to prevent this and I feel like they have been playing with the markets for a few months now. Obviously I can't prove my theory but it is the best theory I have up until now.