Where will Bitcoin stabalize??

[isaac_clarke22]

I mean by definition, Bitcoin is indeed unstable so I am not sure why you're going to look for "stability".
Where did you get the information that a lot of crypto exchanges are now laying off employees? I might be little late, but that could be a news 2 weeks ago?

[Issa56]

We all know bitcoin is not going to anywhere, but currently we are in bear market and nobody can tell when the market will bounce back but we all hope it will happen soon, all people saying bitcoin is dead are just trying to discourage people from buying and the funniest part is that some people will definitely listen to them and they won't buy, I can tell you that anybody that don't buy bitcoin now might endup regretting why they didn't buy now.

[Fesatmas]

We all know bitcoin is not going to anywhere, but currently we are in bear market and nobody can tell when the market will bounce back but we all hope it will happen soon, all people saying bitcoin is dead are just trying to discourage people from buying and the funniest part is that some people will definitely listen to them and they won't buy, I can tell you that anybody that don't buy bitcoin now might endup regretting why they didn't buy now.

Those who say bitcoin will or have died are part of those who want a deeper price before they buy it. Of course, we will always hear things like this, even when bitcoin reached its ATH many people still thought bitcoin was a mistake that some people tried to take advantage of. I do not deny that now there are some people who are afraid it will actually happen.

[AakZaki]

Stable bitcoin sounds like a myth to me. I don’t expect anything such to happen anytime soon. But I do know that there will be a time when bitcoin won’t go any further down. I can’t say much about what price it would be but bitcoin will bounce back and take over the market as always.

Crypto is famous for its vitality because its value is always changing. Hoping he was stable seemed impossible. If Bitcoin is stable, of course, the opportunity to increase profits through trading is almost certainly non-existent. The price will always move according to market confidence. I wouldn't be happy if Bitcoin was stable. It's like FIAT currency, or the same as government paper currency. Currently the price is falling and there is a possibility of returning to the highest price again.

[justdimin]

You have asked a lot of questions in single post. This is bear market and it may last for couple of years. I am saying this on the basis of previous data. Also , no one know the exact bottom, we can only speculate. It could reach 12k or under 10k.
Regarding bitcoin price stability, it may never happen as at times bitcoin dumps while other time it pumps.

I do not know if it will take couple of years. Usually, it is just one year that is bad, then it is in recovery mode, sure it won't break ATH in a year, but it will probably start to recover soon. We had our ATH in October of 2021, so by October 2022 which is in just a few months, it is going to be a full on year where it kept going lower and lower.

I guess that by the end of 2022 and start of 2023 we are going to start having some good recovery. Will it reach 70k+ prices? I do not think so, but I believe that it is going to be fine. This is why I believe that in about half a year we are going to get a start, and from then on for a whole year it will slowly and gradually go higher and higher.

[Cryptornd]

Bitcoin price cannot be made stable bro. it isn't something which pegged to another asset . So your question is worthless i think. it doesn't matter. if bitcoin price is stable no one will invest in bitcoin . Thats All.

[TheNineClub]

There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in.
The fall of celsius, though it rebound back is another chip down
Many crypto exchanges are laying off employees.
Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

Ok, so there are two aspects to this. The first is that some of these situations you are talking about will  correct when/if the market goes up again. The other is that the stabilization itself can come only if government regulations are in place, and that is a double edged sword.

[danadc]

It is very difficult for the price to stabilize, at the moment it can go to a possible value of 25,000 dollars, but a few weeks ago the price was between 27,000-32,000 and from there or passed, apparently the tolerance range is 5,000 dollars , for me, what I think is that the maximum that can go down as a very low tolerance is up to 14,000 thousand dollars and this is taking it out with a tolerance range for which it was 27,000, I do not know anything about technical analysis, I see that there are many things and I don't know which one is the most accurate, but those prices come to mind for all the fud that has been produced.

[cheezcarls]

There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in.
The fall of celsius, though it rebound back is another chip down
Many crypto exchanges are laying off employees.
Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

Unfortunately bro there's no way we could determine where will Bitcoin stabilize. We cannot predict it very well because anything could happen without warning whether it would go up or down.

Right now we are in an uncertain market condition and I see that it's still in a bearish state. There's nothing we can do about it but wait hope until we can see it going up again later on.

[amishmanish]

I believe a lot of what today is happening is also due to whales and they will bring it down further to buy the assets of small investors at low cost. Since there are not really many players in crypto today, whales can really make big fluctuations in market. But remember bitcoin is going to resurrect and rise. So kindly hold your bitcoin and enjoy the dip.