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Author Topic: bitcoin value will now stabilize around 16k?  (Read 333 times)
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December 12, 2017, 05:03:26 PM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

The world of possibilities is endless when it comes down to speculating the price range of Bitcoin and calling out a stable point or correction becomes very difficult. The main factor driving the current price surge is due to Bitcoin future having a great head start in the market and yeah, it becomes largely possible that 16k could be set as the margin for Bitcoin currently.

Possibilities being endless and new addition of various factors with new and rapidly growing investor is makong it more speculative. At present phase its been the toughest for day trader or short term traders to make a call. Stability with Bitcoin might not be long enough, rather I would say stability has no space for Bitcoin in this market.

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