Right now the price is stable, which is always good. However, I think we should be able to expect a pretty large price rise real soon. Things will definitely get under way from here.
I'd say that the price will probably hang around $600 for a month, then recover to $700.
this price stability has always been a good sign for hodlers because it always means there is a big rise coming. so i agree that this $640 is going to last for a month or so and then there will be a rise but it is going to be big just like last time from 450 to 700+
Right, i have also same thinking like you, when people said bitcoin has a stable price, i always say that it is a good sign, its mean bitcoin price will go up, specially for us, because i was holding my bitcoins for a long time, but now i have sell it. And i guess that bitcoin price will be come down very soon, than i will buy it.
I think what you are saying is correct and one more thing is most of them were expecting that price will jump high after halving but as they are seeing that the price is stable , so after some time we can see the trend where it is going.
