Market stabilizes.

[manfredmann]

Until now after a huge market price fall down crypto market was exhausted after some market price corrections. And i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market.

[kakonhat]

I think the market will take the time up to 3 months more to recover the market cap. We know SEC postpones two months to take their decision. So the market will follow this time (only my opinion). I hope after that market will go to the owner's way whatever comes to the decision from SEC.

[micher143]

Until now after a huge market price fall down crypto market was exhausted after some market price corrections. And i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market.

Well, we have no assurance for that because there's always a possibility that the value of btc will fall from $6k and maybe it will rising up already no one knows exactly it would be but in a long period of it's existence for sure that no matter how dumps it has there will be the upcoming pump so meaning to say btc will always recover and making a better movements again and for now all we need to do is keep patience and still believe to it's capabilities to gives more and more opportunities and benefits to us. 

[mk4]

I definitely wouldn't call this stable, especially after dropping from $7000. We've just been in the $6000-$6500 range for what? 2 weeks? That's definitely not stable. Stability will come once bitcoin gets decently adopted globally.

[Kemarit]

Until now after a huge market price fall down crypto market was exhausted after some market price corrections. And i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market.

Nah. This is what we call trading in sideways. Neither bullish nor bearish.  But eventually it will break out, and will start a new trend. So its possible we might re-test a new high/low again.

I think the market will take the time up to 3 months more to recover the market cap. We know SEC postpones two months to take their decision. So the market will follow this time (only my opinion). I hope after that market will go to the owner's way whatever comes to the decision from SEC.

I don't think that we can go on for 3 months trading sideways. Well, SEC decision might be a factor, but speculators wouldn't wait that long though. They will make trading adjustments as they fit. Let's see how this accumulation will go, would like to see a bullish trend emerges, but I wouldn't be surprise if the bears regain control of the market again.

[Seunbabatunde]

I must you guys i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market..

[Phlaser]

Total market down time wasn't funny nor pleasing as all assets went down their prices, some 50% while others far less than that. The only consolation was that Bitcoin maintain it's stand at $6,000, which is very good.

Until now after a huge market price fall down crypto market was exhausted after some market price corrections. And i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market.

[Pursuer]

bitcoin market was stable before the altcoin dumps began too.

after the ETF drama started going down we saw the drop back to the bottom very close to $6000 but this time a higher level above $6500ish but then the altcoin dumps began and put a lot of pressure on bitcoin price but it can still be considered "stable" while atlcoins were bleeding badly.

[clonely]

Market is recovering day by day, thankfully. Most importantly altcoins getting recover. I care mostly altcoins price because my almost all money in altcoins.

[cheezcarls]

Until now after a huge market price fall down crypto market was exhausted after some market price corrections. And i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market.

I would rather call this as a healthy correction. It seems to me that the cryptocurrency market nowadays will take time to recover and stabilize. As it is very unpredictable, it seems that I would not count on today yet as stable. Just prepare and brace for the worst if it happens anytime. It may or may not happen. Just my two sats.

[mk4]

Market is recovering day by day, thankfully. Most importantly altcoins getting recover. I care mostly altcoins price because my almost all money in altcoins.

Markets are definitely not recovering day by day. Most alts are still down by 15-20% compared to the prices just 7 days ago. Just because we're pretty much all green in the past 24 hours it doesn't mean we're already recovering. Most alts are still down 80-90% down from all-time-high.

[royalfestus]

i prefer other topics that can be sustainable to questioning the stability of the market. There is no time in this year that one categorically state the market is stable. We just believe the $6k is a mark the market ensure it doesn't force down. If it can stay above this mark for the next 4-5 weeks, towards the ETF approval, we expect the coin to likely give traders confidence and revive the markets for a large volume.

[Kocret02]

now this might be used as one of the revival of bitcoin, seeing that the current market conditions are falling accompanied by large purchases. so I think the market will be stable soon and it can be used as the best moment to get profit.

[Cecilve]

We are seing a rather linear market movement at the momen. I think it will go like that for another couple of months with slight decreases at least until december of this year.

[spazie]

Currently the price of bitcoin is slowly starting to rise, the sign that bitcoin will return to green again, you have to be patient, in my opinion the price of bitcoin is now starting to stabilize.

[Babatunde1989]

It seems to me that the cryptocurrency market nowadays will take time to recover and stabilize. As it is very unpredictable, it seems that I would not count on today yet as stable. Just prepare and brace for the worst if it happens anytime.

[Andrey13101991]

I think that in the next few years the dynamics of trading will not stabilize, there will always be some ups and downs

[Metall303]

I think that now it is worth taking advantage of the volatility of trading bitcoin and buying it at low prices.

[hurryUp8]

Perhaps in the next few months the market will continue to bounce back, I expect this to happen again as last year the market was big.

As I heard the experts predicts the market to recover on September or October

[Zalaster]

Perhaps in the next few months the market will continue to bounce back, I expect this to happen again as last year the market was big.

As I heard the experts predicts the market to recover on September or October

Of course, I'm happy with the green numbers, but I'm afraid to rejoice prematurely. Bitcoin is so unpredictable that tomorrow, a collapse can happen again. Experts can not give a guarantee of 100%, no one can, so I'm still cautious.