Is $6000 to $7000 the stable price for bitcoin?

[kentrolla]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

[1715136904]

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[mudyak99]

so shall we consider $6k as stable price for bitcoin?

Maybe in last year bitcoin will too the moon like the end of previous year Bitcoin price to nearly $20k. But total Suply of Bitcoin is under 20%, i don't know if that will make price grow up or no

[JenkinsCharlie]

Don't worry there has been a bull run just about every years end since 2010. There will definitely be one this year because lots of money will be flowing in from bakkt ice. Big money from people much richer then us.

[Vladislav2306]

I don't think so. We all know that the market can raise or fall for 100 billions in two days. BTC dominance will raise in bears market and will low in bullish market. I think there is no stable price for any cryptocurrency for today, even for BTC.

[tomahawk9]

Current price means that there isn't enough buying pressure to see the price skyrocket. We have a new floor around the 6200-6000 levels which is the support level, but since there aren't many buyers interested in Bitcoin, the price kinda stagnates around the current levels with the usual fluctuation. Is it stable? Not really, it just means that we're in for a long accumulation period, it's one of the few phases that we'll see before the prices starts going up.

[kvipcn]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Well looking at the current trading trends, we can say $6k to $7k can be considered as the stable price of Bitcoin for now but i see the market price of bitcoin going beyond $7k before this year ends. I believe and think Bitcoin is still young to have a stable price, it has potential of going beyond $15k.

[Sandus_Cryptolover]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

For the past couple of months, Bitcoin has continuously maintain some sorth of steadiness between 6000$ and 7000$, guess reason why. With time, it shall surpass that and move upward to a reasonable price.

[Roberttran]

Bitcoin prices have stabilized around $ 6000 in the past few weeks. Beside bitcoin there are also some very strong growth altcoins. Hope this is the sign of an upcoming uptrend season.

[St4yInTh3D4rk]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

The stable price of bitcoin can't be identified until all the people starts to use the crypto currencies until that the prices will keep increasing in the upward direction while we see it in the long scale time format.But now the price of bitcoin ranged between $6000 to $7000 for more than two months but this surely will change in the upcoming days while we enter into the end of this year.

[deep_linking]

Should I wait or buy some BTC now. Currently it's bleeding red.

[Bunsomjelican]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

It is also been numerous answered this discussions about the stability of bitcoin. Aside from that things we all know then that bitcoin was volatile which means fix price value of bitcoin is not possible too. And because of the fluctuations happened in the market traders are actively taking actions unto it where it is the reason of the motion of the percentage of buying and selling as well.

[Renal]

When viewed from market movements, the most stable price of bitcoin is $ 6000 and how many altcoins participate below the very stable price of bitcoin, hopefully after this price bitcoin even altcoins rises again at the end of the year.

[mahilchii]

My suggest is there is no stability in the market. So no one can even predict the value these days. Comparing to last year's market yes it is good. But it should grow in the last quarter of this year investors are eagerly waiting for a change in BTC value. Lets see how it goes.

[Daniel91]

I don't believe that such thing as ''stable price'' exist for bitcoin.
Bitcoin never had any stability in the past.
We sew so many changes that is impossible task to determine any stable price for btc.

[Xenrise]

Actually 6k to 7k is the stable price after the drop. We must face that thing. Because that's reality. Nothing to deny that right? But I believe that it will be more stabilize in the near future.

[cryptocrusher]

For now the answer is yes, but for how long that remains the case is unclear. When futures were introduced they did say that they would kill volatility in bitcoin and for now they're achieving that. A stable price in the long run is a good thing because it makes adoption far more likely. With adoption we may see a far more steady price increase instead of the highly volatile one based purely on speculation.

[ranman09]

Bitcoin will not have any stable price, for now, as long as whales are there it will not happen. The supply needs to be spread out of the whole community. That way we don't expect high movement from large transactions.

[Buntel168]

I don't think $6K to $7K is a stable price for Bitcoin. We will don't know the stable price for Bitcoin, it could someday go down to under $ 5K and could increase at any time surpass $ 20K. That's is my opinion

[1NV3ST0NM3]

Current market graphs for the bitcoin reveal this thing only what OP has to say. But that doesn't mean that we shouls simply jump t the conclusion that bitcoin is going to stabilize only at this price and won't be rising any further or dipping any low.

Anyways the market conditions aren't much favourable right now and investors are quite a bit worried. But the perfect strategy for the market survival right now is to HODL, stay calm n composed. Long term prospects in the crypto currency market do look bright and we are hoping for some potential gains in the coming years of bitcoin.

[ShowOff]

Bitcoin will not have any stable price, for now, as long as whales are there it will not happen. The supply needs to be spread out of the whole community. That way we don't expect high movement from large transactions.

If bitcoin price keep stable, how they can get profit  , maybe that is what whale think about. So in this business, there will be no stability price because pumped or dumped, whale will take an advantage from that.

[Alexbenua97]

The stability of this is certainly good, but only this stability has been dragged on for a long time. Urgent need of growth. Some altcoins grow by 300-500%, and bitcoin goes there.

[Jateng]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

By monitoring bitcoin price daily, yes I saw how bitcoin price is stable at $6000 to $7000. Maybe this year this is the stable price for bitcoin. I am happy seeing this coz finally it does go deep more down but I am also sad because it is very far from its price last December 2017. But by the end of this year, I am expecting some increase.

[Yustiant]

i think we can stablize bitcoin at 6000$
but we must keep our asset and not following cartel to sell our asset  

[srsandokan]

Even if this price can be stable for a little while, I don't think it will last for long, either up or down I'm not sure. What will be more interesting is when all btc is actually mined, and then we will see how the deflation really works and if it can fits with the actual system.

[kalyanbharadwaj]

I do not think price can be stable, it can go up or down continuously because of many reasons!

[Geemy]

this price has been stable over the last six months but I expect from my point of view that the price will rise to reach the end of this year to unprecedented prices

[taguig]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I don't think so it's a volatile market there is no such thing as stable price, the price could go down and could go up with just one news what we need is a stable environment where there are no restrictions or hacking going on around so investors can invest with a peaceful mind.

[spiker777]

Well Bitcoin isn't a stablecoin, but BTC definitely has some serious resistance below the $6000 mark, likely because this is the point at which BTC started to grow incredibly last year. We have seen BTC fluctuate between $6000 and about $7500 for the last 6 months, so it would be a reasonable assumption to believe that there are strong forces keeping the price above $6000 and below $8000.

[jseverson]

For now. It changes every so often. It was stable at $10k a while back, then $8k, and now at $6k-ish. I know saying it changes a lot and that it's stable is contradictory, but you know what I mean. Bitcoin's market value doesn't play under the same rules as traditional assets lol.

If you're asking about the support level though, ~$6k is still a good number. The lowest Bitcoin has gotten this year (and the only time it went below $6k) was around $5.8k I believe, and that was only for a few hours.

[quocsi]

I agree with you . The most stable price for bitcoin this year ranges from $ 6,000 to $ 7,000. It is a very reasonable price for investors to invest in. But this does not mean that its price will be at this level. I believe it will increase to reach higher milestones in the coming months. This is a stable and safe price for investors to buy at the moment.

[grabpopcorn536]

We want Bitcoin to have a place and voice around the world and Bitcoin is doing that with a stable $ 6000. I think Bitcoin will keep at 6k as a leap forward and raise prices in early 2019, not the end of 2018, as many experts predict. This year the bear market has not been restored as many people would like.

[EdenHazard]

In the cryptocurrency market, one asset that has a stable price is USDT and the rest doesn't have a stable price. Most likely when there is something that makes investors interested in returning to invest, the price of cryptocurrency will rise drastically and might otherwise. Like now the price of bitcoin is traded at a price of $ 6500, but after that if something comes to the cryptocurrency it will quickly change whether it is increasing or decreasing.

[bitcoindusts]

Looking at the trend bitcoin took for the last few months, i think 6K seems to be a stable price.

As we see bitcoin normalized at this level, moving steady, not growing so much more yet not plunging any further too.  And if you ask me, 6K does not sound so bad compared to the previous years. I think i will be happy to have a steady 6K rather than an erratic price movement that explodes and implodes as it wishes. Shooting to moon is of course a welcome event anytime, yet, to realize that 6K can bring good fortune already should we decide to thread the market more carefully, investing a bit for a long term and day trading some to profit enough and sustain our needs till the bull starts running!

[thisav]

I guess so, the price of bitcoin has been fluctuating between 6000 and 7000 over the last months or so. On 2017, the price is around 6000 before the bull run starts. I am sure the bull run will come back again, and it is a great time to invest now. However, the buying slot is a bit weak compare to 2017, so the surge may not happen in 2018, but still not so bad to hold some in advance.

[Ponti]

Looking pretty much stable if you look at the graph. Taking into account that people and analytics are waiting for crypto boost in some time now. Due to good news that are being waited by the end of the year. Such as Bakkt opening and ETFs we might as well see increase in price of cryptos.

[trimulia]

it can be said that because this has happened since the past 4 months, but according to the analysis of the stability experts will change in March 2019, we will see later

[dmamigo]

For now the answer is yes, but for how long that remains the case is unclear. When futures were introduced they did say that they would kill volatility in bitcoin and for now they're achieving that. A stable price in the long run is a good thing because it makes adoption far more likely. With adoption we may see a far more steady price increase instead of the highly volatile one based purely on speculation.

We may see another speculative upthrust of the crypto market value very soon, but I agree it would have been better if the market grows slowly, steadily and in a proper way. There won't be a stable price but there can be a stable range for a time period and as people adopt it, the market will grow. So for me yes this range seems to be a stable one and I think it's genuine and not a result of any speculative hike.

[Slow death]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin.

truth and whenever we have this type of discussion we end up entering another theme as: "Gold is better than bitcoin" and another person poses things like: "another has value and bitcoin and just something speculative" and the discussion does not end well. The reality is that this type of post always ends up causing controversy

as we see the market has been tending around $6000 for months

This is because there is not much demand, and we do not have much demand because we do not have good news capable of creating conditions for a big price increase

so shall we consider $6k as stable price for bitcoin?

maybe

There will definitely be one this year because lots of money will be flowing in from bakkt ice. Big money from people much richer then us.

 

[Firecold4]

Because the price of bitcoin is fluctuating or always changes at any time we cannot ensure the stable price because it can be one day bitcoin will rise or fall until we ourselves do not believe

[blackhawkeye1912]

$6,000 to $7,000 range is low for bitcoin stable price. Bitcoin blockchain offers great and revolutionary applications in today's system. We just have to wait until its capability has been fully harness. So bitcoin's price should be way higher than the said range. It is just the market is in the recovery period that is why it is stabilizing at this range.

[Thyristor]

6000$-7000$ is stable price from last some months. 7000$ was highest price in 2 months ago but at the moment i think 6000$+ will stable this year.
I think this is medium stable price range. BTC dominance still good even most of the coin price high in btc pair.

[thecodebear]

If by stable price the OP means for the next month or two then yes. Obviously not for the long term. The price will only stabilize when the market has been saturated (user adoption is close to its full rate), that could easily take another decade of growth to happen.

The price is stabilizing right now because the bear market is over and we are at the in-between point between bear and bull markets. This seems to have started at the beginning of this month after the last lower-high of the bear market at ~7400.  Likely Bitcoin will trade within this range between that last lower-high and the bottom around 6000. This might last a couple months or it might as long as to the beginning of next year. Only time will tell. My guess would be that November will signal the breakout and the slow start of the next bull market and we'll see a rise above 7500 to break the pattern of lower highs that has happened all year by the end of November and will see $8xxx Bitcoin by end of year. So it's stable in the short to medium term (2 - 6 months) because we have entered the period between the bear and the next bull market.

One event that could spark the end of this stable period and begin the next bull market that I've seen mentioned is that the parent company of the NYSE will open their Bitcoin exchange in November. This will be the first major step of a Wall St firm opening up Bitcoin services. If this next bull market is gonna be driven by Wall St finally entering Bitcoin November will likely signal the start of it. The short term stable price of Bitcoin has its days numbered and will likely be over by the end of the year.

[peter0425]

If by stable price the OP means for the next month or two then yes. Obviously not for the long term. The price will only stabilize when the market has been saturated (user adoption is close to its full rate), that could easily take another decade of growth to happen.

The price is stabilizing right now because the bear market is over and we are at the in-between point between bear and bull markets. This seems to have started at the beginning of this month after the last lower-high of the bear market at ~7400.  Likely Bitcoin will trade within this range between that last lower-high and the bottom around 6000. This might last a couple months or it might as long as to the beginning of next year. Only time will tell. My guess would be that November will signal the breakout and the slow start of the next bull market and we'll see a rise above 7500 to break the pattern of lower highs that has happened all year by the end of November and will see $8xxx Bitcoin by end of year. So it's stable in the short to medium term (2 - 6 months) because we have entered the period between the bear and the next bull market.

I wouldn't say that the bear market is over. There's a lot of traps going on right now, so its likely the price could really stay at the $6K-$7K for all we know. I do hope that November will be different as we are all tired of seeing this bullish trend. I understand that 2017 is different, but at some point we need to have a break out run and hopefully November can be the start and see the price to at least touch 5 digit mark at the end of the year.

[thecodebear]

If by stable price the OP means for the next month or two then yes. Obviously not for the long term. The price will only stabilize when the market has been saturated (user adoption is close to its full rate), that could easily take another decade of growth to happen.

The price is stabilizing right now because the bear market is over and we are at the in-between point between bear and bull markets. This seems to have started at the beginning of this month after the last lower-high of the bear market at ~7400.  Likely Bitcoin will trade within this range between that last lower-high and the bottom around 6000. This might last a couple months or it might as long as to the beginning of next year. Only time will tell. My guess would be that November will signal the breakout and the slow start of the next bull market and we'll see a rise above 7500 to break the pattern of lower highs that has happened all year by the end of November and will see $8xxx Bitcoin by end of year. So it's stable in the short to medium term (2 - 6 months) because we have entered the period between the bear and the next bull market.

I wouldn't say that the bear market is over. There's a lot of traps going on right now, so its likely the price could really stay at the $6K-$7K for all we know. I do hope that November will be different as we are all tired of seeing this bullish trend. I understand that 2017 is different, but at some point we need to have a break out run and hopefully November can be the start and see the price to at least touch 5 digit mark at the end of the year.

It is certainly possible that Bitcoin takes a step lower and breaks down through the ~6000-level support it's held all year, thus continuing and deepening the bear market, but that seems extremely unlikely at this point. Bear market means the price is moving down, the price is no longer moving down as the lower-highs have ended at ~7400 meaning their is nowhere for the highs to drop to since the support is ~6000, so we are now stuck in that range until the market is done shifting and the next bull market starts.

No the price won't simply stay stable at $6-$7k. Just like in 2015 it didn't permanently stay at $200-$300. The Bitcoin market is still very small and it is still very early in the game. A long term stable price of Bitcoin will likely be closer to $600k-$700k than $6k-$7k. There is zero doubt that we are in a short term shift from bear market to bull market (if indeed the bear market is now over, which seems very likely) and within a few months $6xxx prices will be long forgotten.

If you look at the last shift from bear to bull, it took the first 10 months of 2015 to make this shift. Right now we seem to be only 3 weeks into this period. Now I don't think we need to have any fear of this stable period lasting anywhere near 10 months. The last bear market was much longer than this one (13 months compared to 9 months) and there was nothing significant to pull Bitcoin off the bottom and start the next bull market back then. Bitcoin was much less well known, was not in the news constantly as it is now. Now we have Wall St firms preparing Bitcoin services, including major consumer company backed services like how Microsoft and Starbucks are backing the NYSE parent company's exchange that is supposed to hit in November. We have ETF decisions looming every so often that will eventually be passed, we have regulations being worked on by governments, we have Coinbase going after institutional investors, and overall there is just far more interest and attention on Bitcoin than in 2015 the last time Bitcoin entered this period. So yeah I think it is likely that we'll see a break above the last lower high of ~7400 and see the next bull market starting by end of the year, or at latest early next year.

[Ucy]

Bitcoin isn't meant to be stable nor meant to be controlled artificially. If we allow them to keep it at that price range nothing will prevent them from pulling it further below.
They could even use this to push the price of other Cryptocurrencies up while holding Bitcoin down and then eventually helping to rank rival Cryptocurrencies above Bitcoin. We just sit and watch.

[taratorly]

BTC is trying to reach 7K level again. But resistance still so powerfull. We have to reach 7500$ or all alts getting loose again.

[Question123]

There is no stable price for the bitcoin But I hope the stable price become 10k dollars but until now after 2 weeks the price is still 6k dollars but I expeceted before end of this month maybe 7k dollars is good even 3 days only will end of september.

[STT]

We just broke past this moving average line showing the 8 day, its also where 50 day average price is as well.  Roughly we are positive when trading past this line I think, however the reason why we might be keep repeating this area is down to alt coins and how they deleverage into a bitcoin payment I think.

I'd say this area is stable only for as long as it serves a purpose to the market overall, the most agreed upon selling point.   When supply or demand unbalances then we get movement, but the theory could be that we are balanced by that alt coin flow

[ngesotcoy]

BTC is trying to reach 7K level again. But resistance still so powerfull. We have to reach 7500$ or all alts getting loose again.

Bitcoin prices in the last two months tended to increase at the end of the month but fell at the beginning of the following month.  I hope not to repeat when the price hit $7500. I also want to see the price pass this milestone and stabilize for a short time there before continuing to increase.

[vintages]

No,  I personally don't think it is. I checked the price history of Bitcoin make my conclusion. In the year 2014, we had something similar to this where the price of Bitcoin keeps floating between $600+ -$700  close to two years. So may investors thought it was in it maximum price and sold out then came last year when it went all boom! All I'm trying to say is that we still haven't reached it maximum price.

[paragon07]

I think i said yes, bitcoin price will flow at the middle of $7k-$6k. That will be the stable market price at the end of the year.

[btcyoda]

Because the price of bitcoin is fluctuating or always changes at any time we cannot ensure the stable price because it can be one day bitcoin will rise or fall until we ourselves do not believe

Yes, it is impossible to guess the Bitcoin value where it is going to stable but it will not be stable at the 6000$ or 7000$ because slowly the price of Bitcoin is increasing and it is another sign where we can see the price will easily reach to $10k.

[OrangeII]

I think i said yes, bitcoin price will flow at the middle of $7k-$6k. That will be the stable market price at the end of the year.

well, I really hope that bitcoin prices are stable at prices above $ 7k. well, for now, prices are starting to rise again. although the increase is not so fast, but I hope the price increase is stable.

[rickadone]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

It looks like that. I mean look at the historical data for the past 10 months. The price has been between $6K and $7K for longer than it was anything else, it has spend more time between $6K and $7K than it has been $20k or even when it was $3k or whatever, prices usually move and swing a lot but this time it has been stuck here and whenever it goes below or higher it just drops back.

I have seen 6 thousand 600 dollars much more than I have seen in any price for bitcoin and I have been here for over 5 years. I remember it was like this back when it was around 300 dollars before it went back up to 900+ dollars, so I am assuming the price might do the same.

[d1ceplayer]

If by stable price the OP means for the next month or two then yes. Obviously not for the long term. The price will only stabilize when the market has been saturated (user adoption is close to its full rate), that could easily take another decade of growth to happen.

The price is stabilizing right now because the bear market is over and we are at the in-between point between bear and bull markets. This seems to have started at the beginning of this month after the last lower-high of the bear market at ~7400.  Likely Bitcoin will trade within this range between that last lower-high and the bottom around 6000. This might last a couple months or it might as long as to the beginning of next year. Only time will tell. My guess would be that November will signal the breakout and the slow start of the next bull market and we'll see a rise above 7500 to break the pattern of lower highs that has happened all year by the end of November and will see $8xxx Bitcoin by end of year. So it's stable in the short to medium term (2 - 6 months) because we have entered the period between the bear and the next bull market.

I wouldn't say that the bear market is over. There's a lot of traps going on right now, so its likely the price could really stay at the $6K-$7K for all we know. I do hope that November will be different as we are all tired of seeing this bullish trend. I understand that 2017 is different, but at some point we need to have a break out run and hopefully November can be the start and see the price to at least touch 5 digit mark at the end of the year.

I would not say that either, looking at the way things have been so far and the fact that we could still have more room to go lower, if the market peradventure ends up breaking below the descending triangle.

We might see some sideways movement between $6k and $7k for a while, and for bitcoin, I really won't be expecting so much, which I believe only the alt market may actually end up having a run for it, and then going back down once bitcoin starts showing the other side. For now, we can only just wait to see how things would end up happening with bitcoin.

[Lucius]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Price is between 6000$ and 7000$ for months, this is hard fact and there is no need to ask whether this is stable price - the bottom has been touched several times and 5800$ is shown strong resistance. That's the current situation, but that does not mean that it is not possible that the price for some reason falls below several times touched bottom.

As has been said many times we are now in period of recovery and accumulation after last year events, it always happens after big pumps - so we can stay in current price range for months, there is no some good signs on the horizon which could announce more serious upward trajectory. However people will still hold on ETFs or maybe still underestimated Bakkt project for new pump.

[carlisle1]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

For me I believe the bottom wasn’t been happening so this is not the stable price ,maybe value seats longer but now meaning permanently tomorrow is the decision of ETF so we might seen movements depend on what is the decision tomorrow for the truth value of prices and from there we will be consistent in answering such questions

[bozo333]

I think i said yes, bitcoin price will flow at the middle of $7k-$6k. That will be the stable market price at the end of the year.

Bitcoin is not stable Cryptocurrency because it is a decentralised platform so no one is predict the future possibilities of Bitcoin. I expect it will going to moon on end of the year. Because lot of positive news are nearly waiting for crypto market so wait and see the future result.

[Xenoph0bia]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

For me I believe the bottom wasn’t been happening so this is not the stable price ,maybe value seats longer but now meaning permanently tomorrow is the decision of ETF so we might seen movements depend on what is the decision tomorrow for the truth value of prices and from there we will be consistent in answering such questions

I guess Bitcoin's price is between this range only from a very long time now and it is unable to rise from this range. Bitcoin is very volatile because its value depends upon a number of factors.Demand and supply forces play a roll in determining the price.If the demand rises then the price will definitely rise and if the demand falls the price will also fall.People are also selling their Bitcoins at lower price only because they are suffering from losses.But one should understand that holding their Bitcoin for future will give them good profit returns.

[el kaka22]

BTC is trying to reach 7K level again. But resistance still so powerfull. We have to reach 7500$ or all alts getting loose again.

Which I believe with the volume recently, we might see an attempt towards that region, but breaking it upwards, or coming back downwards to have a retest of the $6k support is one thing we would likely see and in the situation where we get to see a huge breakdown lower below the $6k support, we might start seeing some huge move downwards.

Moreover, I still believe the market may take some time to get to the $7k region or a bit higher which would give the altcoins chance to do good for themselves within this short period of time.

[Barbut]

BTC is trying to reach 7K level again. But resistance still so powerfull. We have to reach 7500$ or all alts getting loose again.

Which I believe with the volume recently, we might see an attempt towards that region, but breaking it upwards, or coming back downwards to have a retest of the $6k support is one thing we would likely see and in the situation where we get to see a huge breakdown lower below the $6k support, we might start seeing some huge move downwards.

Moreover, I still believe the market may take some time to get to the $7k region or a bit higher which would give the altcoins chance to do good for themselves within this short period of time.

`Michael Novogratz, a former hedge-fund manager who is heavily invested in digital currencies, called a bottom on cryptocurrencies.` that is a news from weeks ago, you can find it everywhere. Most of the people, including me, believes in rise in last quarter of the year, its like something that always happen, it will happen this year too. Maybe we will hold this level for a while, but that is fine, this bottom is great start for next train to up.
Last couple weeks are good, we have a little uptrend and that can continue in upcoming months. Winter always bring a lot of excitement and that will happen this year too probably, lets wait for that before we make any calls.

[DashS]

I guess that 6-7k range is good for current adoption level and media coverage. I mean adoption is still super small and there's a lot room to growth. Adoption and tech is very important, I hope we'll see lightning network up and running one day for Bitcoin, it will make small purchases super easy!

[BrewMaster]

BTC is trying to reach 7K level again. But resistance still so powerfull. We have to reach 7500$ or all alts getting loose again.

Which I believe with the volume recently, we might see an attempt towards that region, but breaking it upwards, or coming back downwards to have a retest of the $6k support is one thing we would likely see and in the situation where we get to see a huge breakdown lower below the $6k support, we might start seeing some huge move downwards.

Moreover, I still believe the market may take some time to get to the $7k region or a bit higher which would give the altcoins chance to do good for themselves within this short period of time.

`Michael Novogratz, a former hedge-fund manager who is heavily invested in digital currencies, called a bottom on cryptocurrencies.` that is a news from weeks ago, you can find it everywhere. Most of the people, including me, believes in rise in last quarter of the year, its like something that always happen, it will happen this year too. Maybe we will hold this level for a while, but that is fine, this bottom is great start for next train to up.
Last couple weeks are good, we have a little uptrend and that can continue in upcoming months. Winter always bring a lot of excitement and that will happen this year too probably, lets wait for that before we make any calls.

i don't think we can see a rise the way people are expecting it, anytime soon. there is no news and there is absolutely no more hype left for bitcoin to see that kind of big rises. that we currently have is this stability phase which is working more like a build up phase for the next round of big rises.
although not having big rises doesn't mean no rise at all. we can reach $10k by the end of the year with a slow and solid rise instead of a big jump.

[prinlyn]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I think it is because for the last several months the price of bitcoin remained stuck between $6000 and $7000. No dip and no increase. The price fluctuates between $6200 and $6800. Therefore I can say that $6000 is the bottom price for bitcoin. The price is almost stable and the investors are not making any profit for long time. This situation will remain for some more time.

[juli50]

For what I saw, when the price went down, it always stayed up from 6k. What I think is that people think that bitcoin worth more than 6k, so who have bitcoins dont want to sell them at that price so they hold their coins. Now I hope bitcoin price will start to go up during the next mounths and also in 2019, good days are coming.

[qualitywork]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I think it is because for the last several months the price of bitcoin remained stuck between $6000 and $7000. No dip and no increase. The price fluctuates between $6200 and $6800. Therefore I can say that $6000 is the bottom price for bitcoin. The price is almost stable and the investors are not making any profit for long time. This situation will remain for some more time.

Yes I agree with your statement.

[jhonjhon]

For what I saw, when the price went down, it always stayed up from 6k. What I think is that people think that bitcoin worth more than 6k, so who have bitcoins dont want to sell them at that price so they hold their coins. Now I hope bitcoin price will start to go up during the next mounths and also in 2019, good days are coming.

Is that what we all aiming for but sadly crypto isn't listening to us.  Having a price bracket from $6k -$7k is same to be good price for me, isn't that much enough so people who are limited capital to start with will be given a chance to take part.

[Ozero]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Perhaps this is true, but such a price can be considered stable for Bitcoin only this year. Stable prices for Bitcoin can not be. It will always change. Perhaps it will become more stable when Bitcoin reaches a certain maximum limit in its value. However, the achievement of this maximum limit can immediately be accompanied by a sharp fall in its price as it was last December.

[exstasie]

The Bollinger Bands really say it all. BB width is the bottom indicator: this is the tightest price action we've seen all year.



You could call it price stability. But when I see tight bands like this, my first thought is calm before the storm.

After months of leaning bearish, my bias has switched to mid-term bullish. It looks like an accumulation pattern. If it was a bear consolidation, it should have fallen by now. (I still think we're stuck in a long term sideways though)

[ethereumhunter]

The Bollinger Bands really say it all. BB width is the bottom indicator: this is the tightest price action we've seen all year.



You could call it price stability. But when I see tight bands like this, my first thought is calm before the storm.

After months of leaning bearish, my bias has switched to mid-term bullish. It looks like an accumulation pattern. If it was a bear consolidation, it should have fallen by now. (I still think we're stuck in a long term sideways though)

From your chart, I think we will see 2013-2015 will going to happen again because if you said that we are in long-term sideways, then my feeling told that we are going to see $6000-$6500-$7000 for a long time. But I still hope that will not happen for a long time, and I expect that in the next year, the price can increase, at least we can stable at $7000 before it moves to another high price. We can only make predictions without knowing what will happen in the future and I guess that right now, we need to satisfied with the price now.

[Husecomang]

so shall we consider $6k as stable price for bitcoin?

Maybe in last year bitcoin will too the moon like the end of previous year Bitcoin price to nearly $20k. But total Suply of Bitcoin is under 20%, i don't know if that will make price grow up or no

I don’t agree with this because the trend this is change and people are not investing in bitcoin. They are now interested in Altcoin because there are some good coins which can give investors big profit in less time. Why one would take risk while investing in bitcoin and there is no guarantee for growth in the price. I think the price will remain the same till end as it is today.

[Pamadar]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Perhaps this is true, but such a price can be considered stable for Bitcoin only this year. Stable prices for Bitcoin can not be. It will always change. Perhaps it will become more stable when Bitcoin reaches a certain maximum limit in its value. However, the achievement of this maximum limit can immediately be accompanied by a sharp fall in its price as it was last December.

There's a lots of possibilities we can't predict whether the value already been stable to this level or anytime soon it can jumped over the last height or
it will fall deeper we just need to make some good assumptions and have always good strategy in order adopt certain  changes,  we are still in the process of waiting and speculate whatever movements market will go after.

[andycarrol]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I think $6k - $7k is stable prices for this year, in the next year I am sure the price will increase and most likely be stable at range $10k. But to buy for the long term, it seems really good at this time, after seeing the price of bitcoin stable in the range of $6k and never goes under $5k.

[Altcoins enthusiast]

That is what we are witnessing now and to make things easier to investors I think bitcoin remain around $6,000 and $7000 is highly advisable.  Many investors are going to come into the market because of this and the retail and wholesalers will using and adopt bitcoin if the price is table.

[bitbunnny]

Since the price is fluctuating for a longer time now between 6000$ and 7000$ it looks like it's prety much stable. But in fact it isn't so and Bitcoin is volatile all the time. Still that is the price that marked this year for Bitcoin, more or less, and I don't see we will see much changes this year. Maybe closer to the end of the year but don't expect some bigger growth.
But even on such small price changes is possible to make the profit so Bitcoin price is never dull.

[Biscutard]

I can't seem to tell the exact date or month for that stabled price of bitcoin but aren't we already in a stable price. Like, look how this price still staying for more than a month and still it doesn't change or even break the resistance. Those who predicted $20k for this year seems too impossible if this continue until december.

[Bagaji]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

One cannot be certain as to whether at its current market value is the stable or equilibrium value of Bitcoin  because anything can happen in crypto currency market in the nearest future particularly if the the market manipulators resume their usual activities Bitcoin market value may move higher than $7,000 in time to come.

[beerlover]

I can't seem to tell the exact date or month for that stabled price of bitcoin but aren't we already in a stable price. Like, look how this price still staying for more than a month and still it doesn't change or even break the resistance. Those who predicted $20k for this year seems too impossible if this continue until december.

.No one can definitely seem to tell the exact date or month that a market will end up becoming stable, moreover, the market cannot be stable as it will still keep being within that fluctuation zone, even though it is moving sideways and as we are seeing it, currently between the ranges the OP mentioned. For now, we will just have to see what October may be holding and if possible we will be in this zone till the ending of October or the market would make a decision before then. No one can know how bitcoin would be in the long run, but since we are still in the early stage, there is still more room for growth in the long run.

[Thirdspace]

Well looking at the current trading trends, we can say $6k to $7k can be considered as the stable price of Bitcoin for now but i see the market price of bitcoin going beyond $7k before this year ends.

yes I concur, somewhat stable price for now... stable in a sense of short term price (last 3-4 months)
the price of bitcoin in the first semester 2018 was moving downhill,
but the second semester shows very strong support at $6000+ and pushes upward gradually
I'm seeing higher support now ~$6500 and hoping it continues to the end of year to ~$7000 level

[Affilate User]

yes you are correct that the price of bitcoin this year is likely to be stable at the price of $ 6-7k and it seems very difficult to be able to return to high prices again because there is no good news that can trigger investors or whales to buy coins. I also see from the graph that it seems like this year bitcoin prices tend to fall.

[marketone]

From many days i am absorbing the Bitcoin market and Bitcoin price is very stable at the price 6000$ to 6600$. Which makes me rethink whether it is going to be stable at that position because the more it stables the real price can be achieved.

[BaraxLo]

For what I saw, when the price went down, it always stayed up from 6k. What I think is that people think that bitcoin worth more than 6k, so who have bitcoins dont want to sell them at that price so they hold their coins. Now I hope bitcoin price will start to go up during the next mounths and also in 2019, good days are coming.

Is that what we all aiming for but sadly crypto isn't listening to us.  Having a price bracket from $6k -$7k is same to be good price for me, isn't that much enough so people who are limited capital to start with will be given a chance to take part.

Current value of Bitcoin is 6548 US dollar which is still a low price as compared to the normal value of it so we can invest as much as our ability is. Yes, the price has been stable between 6k dollar and 7k dollar but think this has taken a long time and soon we will cross this stable price and I am sure it will start increase trend onwards. If we buy right now then we will get it using low amount and it will benefit us the most if we hold it till high market.

[maarx]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Obviously yes you can finalize though as of now. The trend is really welcoming. Such trend has created a good vibration amongst investors as well. Yes, they are now sure of minimum turn over if they invest in bitcoin trusting they wont loose their capital making sure the turn over would be much decent if not too high. The stability is seen. 2017 was crypto's historical year and we can say 2018 can be considered as a historical year of price stability. Every new trend keeps crypto on height in the currency market drawing more investors every day. 

[StarofBTC]

That is what we are witnessing now and to make things easier to investors I think bitcoin remain around $6,000 and $7000 is highly advisable.  Many investors are going to come into the market because of this and the retail and wholesalers will using and adopt bitcoin if the price is table.

A lot of investors are actually looking within this range to want to get in, as we have seen the way the market has acted for a while between this zone, but at the same time, we also have to realize that this is an important zone that could really tell us the next move in the midterm, as we have been trading inside this descending triangle for a while now and we are trading directly close to the apex of it. Where the market moves next either upward or downward is what would determine where we are going next.

[cosmoo]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I think it could be like that, and I am do not mind. But also I hope that there will be some pumps, some "tothemoons". And also I like 10,000 more.

[lablab03]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

yeah because 6k is the bottom of bitcoin which the reason why it didn't got dip because of strong support . It's been months now actually since bear market season stay in the market .  But that resistance is so hard to break even though  market experience a drastic volatility anf fluctuation.  

[Quidat]

It would be considered stable price with the market trend we have today. Basing on the people's reaction once btc drops below $6k, panic begin to fill the air, and when btc passed beyond $7k, they're assuming the bear to visit the market.
Stability depends on the market trend of support and resistance. What we have right now is a perfect example of stability.

[Adriano2010]

Looks like this price range is a stable price for bitcoin this time. The whole market is still not grow enough and maybe we need to wait more time until new or old investors come again and put money on market, and most of coins can reach over x100 i think. Until then we just can wait.

[The Sceptical Chymist]

Sure looks like we're having a period of stability right now, but don't be fooled.  Bitcoin became "stable" back in 2016 or so at $400-$450 if I recall correctly, and these same kinds of discussions were being had then as well.  The period of stability didn't last forever; it was just a lull in the market, albeit a pretty long one for bitcoin.

The good thing then was that bitcoin broke upwards after it started moving, and we all know where it headed--$20,000.  What I'm hoping for is that when we get unstuck from the range we're in right now, the market will also start moving upward.  Given that bitcoin is still pretty damn high relative to where it's been in the past, it certainly could go the other way.  I don't think it'll crash though.  There hasn't been any bad news lately, and sentiment is still fairly strong.

We'll see, but I wouldn't get complacent and start thinking bitcoin is going to be in this range forever.  It isn't.

[Fedor07]

For the moment yes , he is stable between this two numbers . In the last few months he has remain stable , i have no ideea why and if thats a good think. Many holders pray for bitcoin to go up cuz if bitcoin will not go up they wil lose a lot of money . But if bitcoin will grow up than the profit will come .

[vagsun]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I agree with you. Currently the stable price of bitcoin is $6k - $7k. But it doesn't mean that it will remain in this segment only. This is just current position of bitcoin. As bitcoin is not falling from $6k and is not surpassing $7k as well , so thatswhy we can say that currently the stable price of bitcoin is $6k - $7k. Hope bitcoin will soon break this wall and reaches the greater heights.

[DeadCoin]

Current growth trend is seen stable as you said. You can even see now that there is a slow and steady progress in growth. We have minimum $80 to $110 increase every week if you see. I love and expect the same trend to move on as this is the healthy more i do see instead of having a big bull run and falling back to the ground and struggling to wake up with values step by step. 

[lingwistiko]

It's been a while that bitcoin has maintained or just struggled to push its market price above 7,000$ that it looks like it became its stable price for now. But with the recent price hike of bitcoin, it seems that it's heading to break the 7,000$ price now.

[rickadone]

From many days i am absorbing the Bitcoin market and Bitcoin price is very stable at the price 6000$ to 6600$. Which makes me rethink whether it is going to be stable at that position because the more it stables the real price can be achieved.

We are not even close to the real price of bitcoin yet. Probably you do not have an idea how low adoption is at the moment and the fact that with more development, mainstream adoption and thereabout, there is still a huge room for growth as far as I am concerned.

Presently, the value of bitcoin is just being stalled inside a triangle but that does not mean it would not eventually take to one direction in the next few days. What this direction is going to be is one thing no one can know yet, but with time, I guess we will eventually get to see it anyway. So in that case, I would not want to put my mind on any stability within this region.

[magisterr]

Market just waiitng signal for huge bullrun. And when we will get him (some big whales must start huge adversiting) - crypto will go to new ATH. And this bullrun will be even hure than in January. Bakkt launch in November. So only one month left. I think this will be point for start growing.

[Ararbermas]

Probably because $6000 is the current bottom price  of bitcoin . But it's uncertain as of now in my opinion  because since the market price always fluctuate drastically ,market always loss support. Which in my view soon there's a tends that resistance will disappear, but for sure there's another stable price which is $5000

[justdimin]

yes you are correct that the price of bitcoin this year is likely to be stable at the price of $ 6-7k and it seems very difficult to be able to return to high prices again because there is no good news that can trigger investors or whales to buy coins. I also see from the graph that it seems like this year bitcoin prices tend to fall.

For this year? Do not say that yet!! There is every chance that in the next few hours or days, we will definitely get to see bitcoin take a direction, so assuming a stable price at the moment, around $6k to $7k for the rest of the year is one thing I would not expect. We are in a descending triangle and one way or the other, the market will eventually tend to breakout to one direction, but how that happens is something we will only get to see in a matter of time and for what it is worth, with the way previous Q4 have been for the past few years, let's hope we may get to see the same thing this year.

[carlisle1]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

in many ways of thinking i guess thats right that the stable value of bitcoin run's from $6,000-7000 as for almost four months after the massive price decrease. Value brings us to the stable stand for this amount
Thats why start your homework now and expect no growth moret than$7,000 .but ofcourse let us be ready incase the bull run's back to us

[shamc]

It has been this price for a very long time so i guess we can consider it the stable price. Hopefully the ETF and SEC guys will also see it as  the stable price as it is now running at the least volatile price now meaning they might approve this decision now

[royalfestus]

The description at this time and price is not the word stable coin but finding its bottom, it lowest price value of it bearish run. It is believed to be the price that form resistance for price dump, trader dont expect the price to go lower.  Example of stable coins are tether, USDT, market demand does not affect their price; one tether will always be 1 dollar.

[wozzek23]

Looks like this price range is a stable price for bitcoin this time. The whole market is still not grow enough and maybe we need to wait more time until new or old investors come again and put money on market, and most of coins can reach over x100 i think. Until then we just can wait.

Yes, it has been stable since long but it will start increase trend only if we investors try to avoid selling for small profit that will enable the price to follow up trend. About real time you are absolutely right about that, we need to wait for some more time in order to make sure our coins gain more value that will make out outcome. After following all this it will payoff the most if you start buying right now.

[Bitcotalk]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Perhaps this is true, but such a price can be considered stable for Bitcoin only this year. Stable prices for Bitcoin can not be. It will always change. Perhaps it will become more stable when Bitcoin reaches a certain maximum limit in its value. However, the achievement of this maximum limit can immediately be accompanied by a sharp fall in its price as it was last December.

Cryptocurrency market as it is so called is a market and not a person that would listen to you. However, the price is going to be in the short term or in the long term is only going to be dependent on how the global space entirely perceive its usage and how we get to see mass adoption over time.

No one knows how far the market would go up eventually or if there is still room more to go downward, but even though we are having some sideways movement between $6k and $7k does not mean it would remain like this forever.

[omonuyak]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I think 6000 and $7,000 is not a stable price for bitcoin and if we look very well we would find out that a breakout is about to happen that might push bitcoin above $10,000 or make it to head towards $3000. The volatility will soon resume and we would should start to see some positive price.

[hawkins]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

I think 6000 and $7,000 is not a stable price for bitcoin and if we look very well we would find out that a breakout is about to happen that might push bitcoin above $10,000 or make it to head towards $3000. The volatility will soon resume and we would should start to see some positive price.

for now, prices cannot be said to be stable. Well, seeing the current price of bitcoin is still very difficult to rise to higher. but all crypto users have the same hope, which is to see bitcoin prices stable at $ 7,000 for this month. well, it might be a good start to be stable.

[thefaucetrunner]

i think so, it will be good for bitcoin price to saty above $6000 until the end of this year. even the highest price that bitcoin can reach in the beginning of 2019 are never past $9000, this is my prediction about bitcoin price, and recovery time will come in the end of 2019 until the beginning of 2020, there will be new all time high price for bitcoin if stayed above $6000 until the end of 2018.

[jonaire99]

The price of the bitcoin have been staying at the range of $6000 to $6500 level for some time now and it's been trying to climb above that level but it still not succeeding. Bitcoin may not reach the $10k this remaining months of this year if its growth or uptrend continuous to be slow. The price will remain stable and will remain at that level unless there is a positive developments coming before the year ends.

[badungs]

looking at the market throughout the year it seems that bitcoin prices are stable in the price range of $6000 to $7000, maybe we will be able to survive in this range until the end of the year, and the market will probably start to climb in the middle of next year because at the beginning of the year I still feel it's difficult for bitcoin to start crawling up but if there is good news about ETF the situation might get better in a short time, hopefully ETF approval will not be delayed so that bitcoin can moon again.

[jamids]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Maybe but still there is the possibility that it would go down. Currently price has been bouncing up and down which is a good opportunity for the traders while making the holders impatient because they are expecting for a turn of market and if it would be possible to happen as soon as possible then it would be good. Nevertheless, I would suggest for the holders to start studying trading if they want to take advantage of the market situation.

[mkhadazz]

yes you are right I also feel that the price of bitcoin this year I feel stable at the price of $ 6-7k because at the moment I think there is very little good news that can trigger an increase in bitcoin prices, a lot of bad news circulating in some media makes the price of bitcoin very it's difficult to be able to make a price quote.

[hahay]

Previously I also thought about the same thing where the value of $6k had survived for a few months and felt this was a trend where the value of bitcoin could be stable, but now the price of bitcoin fell again and seemed to touch $5k, if this continues then the stabilization of bitcoin prices is not maybe for now or even later.

[Idrisu]

Very soon with the type of news and analysis that is coming out we are going to see another bull run that the current market range of $6000 and $7000 are going to become things of the past.  I believe that the range just give us opportunity to buy and sell when the price appreciate.

[ethereumhunter]

Right now, we are in the $61xx in btc pair usd and $63xx in btc pair usdt and if the price cannot bounce up then we might see the price will go down to $6000. But I still hope that after we reach the lowest price, the price can go back to the higher price, and the rally will happen later. I check on the MACD and RSI; it shows the price will still go down and the trend in this week is on the down. We can prepare to rebuy more bitcoin but make sure you don't use all in your money so you can buy more bitcoin if the price is going down too deep.

[loverets45]

It has been this price for a very long time so i guess we can consider it the stable price. Hopefully the ETF and SEC guys will also see it as  the stable price as it is now running at the least volatile price now meaning they might approve this decision now

It is not a permanent stability here between 6k dollar and 7k dollar price but its temporary as we notice different stabilities in different times. However, it is true that the current market price is stable between price ranging from 6k to 7k dollar from about 2 months as we noticed a little bit further decrease in interval that was at 5800 US dollar but recovered after some time. This time the value can surely increase depends upon demand rate and may become stable in another price region.

[wildflower18]

As we can observe price vary from 6k onwards for the past months. So we can see a bitcoin price volatility for that price. Hoping their would be a changes which demand increase so the price will follow. With the current value of btc let just hope it will not drop down further.

[LeGaulois]

Hey, the value has lost something like $300, it's nothing compared with what we are used seeing previously. So, I wouldn't say the price is falling at any point, it's not like if it was below the $6,000.
A lot of people were arguing about the volatility of the price, now it's somewhat stable, people say the price is falling when it lost $300 ?? The stock market is also fluctuating, currencies also do. So...

[voztata]

yes you are right I also feel that the price of bitcoin this year I feel stable at the price of $ 6-7k because at the moment I think there is very little good news that can trigger an increase in bitcoin prices, a lot of bad news circulating in some media makes the price of bitcoin very it's difficult to be able to make a price quote.

Nothing is stable yet. The fact that we are still moving inside a big triangle actually is the reason why we are seeing such movement between $6000 and $7000 but I would not actually consider that magnitude of movement a stable price, I only see a market right now trying to find a direction as the case may be. A break out is what would apparently trigger participation in the market eventually, so in that case, it would be, are we breaking upwards and see participation brewing upward, or we break downward and we go a whole lot lower, time will tell!

[MarchToke]

We can't say that it's already the stable price of bitcoin just because bitcoin got stuck at the 6,000$ price for so many months now. We are just in the bearish trend and a bull run might follow next before a real stable price of bitcoin will occur.

[wuvdoll]

Previously I also thought about the same thing where the value of $6k had survived for a few months and felt this was a trend where the value of bitcoin could be stable, but now the price of bitcoin fell again and seemed to touch $5k, if this continues then the stabilization of bitcoin prices is not maybe for now or even later.

It is actually just more like a sign of the bulls trying to tell us they want to get back into the market, and all I am seeing at this moment is possible accumulation while the $6k is holding on strongly from experiencing a break out downwards, but all we are actually left with at the moment is anticipation for what is going to come in the future eventually. This would not last for so long as I believe that in a way, we will end up seeing the market taking a direction eventually, so at this point, we guess the only thing we have to do is wait.

Nothing is stable yet. The fact that we are still moving inside a big triangle actually is the reason why we are seeing such movement between $6000 and $7000 but I would not actually consider that magnitude of movement a stable price, I only see a market right now trying to find a direction as the case may be.

It seemed like stable around $6500 levels but yesterday we got another dump toward $6300 levels which meant we are still in volatile market and thinking toward $10k may not be right as it may need some more consolidation time.

[liseff3]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

If we compare with the price of bitcoin in previous years, I think $ 6000 to $ 7000 that's a very stable price even this's much better.

True, maybe the entry of new users who invest in bitcoin is the main reason. Even though, the amount is not that big but can make the bitcoin price last around $ 6.000 - $ 7.000. So $ 5.000 is the price which's impossible.

[Xardasim]

As far as we've seen recently, maybe it is. But, Bitcoin has such a structure that i don't think it can be stable, if the conditions don't change. We've seen the long-term 6k price just this year and the future will show us what will happen.

[Ganbound]

looking at the market throughout the year it seems that bitcoin prices are stable in the price range of $6000 to $7000, maybe we will be able to survive in this range until the end of the year, and the market will probably start to climb in the middle of next year because at the beginning of the year I still feel it's difficult for bitcoin to start crawling up but if there is good news about ETF the situation might get better in a short time, hopefully ETF approval will not be delayed so that bitcoin can moon again.

You are right from the start of this year the price of bitcoin is almost stable and there is no big growth for the last several months. I think that this situation is due to manipulation of the market and now the buyers are rare in the market which affects the price. I also agree that if the ETF is approved the market cap will go up and the price may cross $10000 till the end of the year.

[jestbenen8]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Maybe but still there is the possibility that it would go down. Currently price has been bouncing up and down which is a good opportunity for the traders while making the holders impatient because they are expecting for a turn of market and if it would be possible to happen as soon as possible then it would be good. Nevertheless, I would suggest for the holders to start studying trading if they want to take advantage of the market situation.

Yeah I think that $6000 is the dip price for bitcoin because investors and especially miners cannot afford fewer price than that. They will stop mining if the price drops more than $6000. They already complained for low profit, now if the price drops more they will completely stop mining and the result no supply in the market. And when there is no demand for bitcoin, it will die.

[Dodoymabs]

As far as we've seen recently, maybe it is. But, Bitcoin has such a structure that i don't think it can be stable, if the conditions don't change. We've seen the long-term 6k price just this year and the future will show us what will happen.

For a couple of months, we have witnessed that its value hasn't been that volatile and probably many of us are wondering what could be the real reason behind this. Well, as for me, Btc has already made a lot of surprises which everyone didn't expect to happen. So probably, we should always keep our faith that this kind of problem wouldn't last long so that those hodlers can at least make a breakeven or even get a higher benefits.

[mornabo]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

If we compare with the price of bitcoin in previous years, I think $ 6000 to $ 7000 that's a very stable price even this's much better.

True, maybe the entry of new users who invest in bitcoin is the main reason. Even though, the amount is not that big but can make the bitcoin price last around $ 6.000 - $ 7.000. So $ 5.000 is the price which's impossible.

You right, we have been in this price range for a long time, even the weakening of the price will not make prices fall below $5k, this is a stable price for bitcoin, we don't know how long the condition will remain like this, but if there is no shock news maybe there will be no changes

[btc78]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

i believe that this is the stable value of bitcoin ranging from $6,000-$7,000 this is the price of bitcoin till yesr end,and if it grows that would be a bonus for us sine the price dropping continuously happening thos whole three quarters thts why we are looking for a growth this last quarter

[maarx]

You can yes certainly finalize though as of now. The trend is really appreciating. Such trend has created a positive spirit amongst investors as well. Yes, they are now sure of minimum profits if they invest in bitcoin and other altcoins trusting they won’t lose their invested capital amount making sure that the turnover would be much genuine if not too much. The stability is visible. Last year was crypto’s documentary year and 2018 can be said as year of stability. Every new trend keeps crypto’s growth on height in the currency market drawing more investors into crypto.

[Clark05]

6000 plus is the current price of the bitcoin and until now and last few weeks price is like that. Maybe it is the stable price for the bitcoin now and I hope as soon as possible the price of the bitcoin will pump very high and maybe I want to see the price stable at 10k dollars up.

[MuffinMaster]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

i believe that this is the stable value of bitcoin ranging from $6,000-$7,000 this is the price of bitcoin till yesr end,and if it grows that would be a bonus for us sine the price dropping continuously happening thos whole three quarters thts why we are looking for a growth this last quarter

It seems that the entire cryptocurrency market is stabilizing, so at the moment it can be assumed that the price around $6,500 is a stable price. However, it can not be said for sure that from this level the increases will start. Theoretically, it is still possible to see a slight decrease in the BTC price and then can come the expected change in the trend. We have to wait until the end of November to be able to deduce something more.

[Rustamm]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

This is still bitcoin stopped at such a cost. Its price cannot long be constant in its nature. The situation on the market will change, it will affect the ratio between supply and demand and Bitcoin will again change its price. Its large volatility cannot be changed.

[ranman09]

I think yes this might be stable, somehow, but not because that it is distributed. I think it is because there is something catching all these dumps. The volume of trades seems not changing.

It might look like it is stable but I think someone is accumulating large sums because the price is cheap.

[yonjitsu]

Following the bearish market for over 9 months, i believe that 6,000$ - 7,000$ is the average price of bitcoin during that duration of time. It's still unclear whether bitcoin will have a bull run this year or it will just stay right where it is now until January comes.

[Tapyaks72]

Following the bearish market for over 9 months, i believe that 6,000$ - 7,000$ is the average price of bitcoin during that duration of time. It's still unclear whether bitcoin will have a bull run this year or it will just stay right where it is now until January comes.

Bitcoin price  stability or bearish market is still the sign of equilibrium of supply and demand, this bit it is also a the tug of war between the weak hands and the patience holder I don't know in the end who will be the winner, but still there is a possibility that there might a massive buying  that will make bulliy.

[Shinpako09]

I don't think it would last for lifetime. That's too low to consider as the stable price. It's not going to happen simply because btc user/investor keep on growing during hype or not. I guess the reason why the price is just playing around that price is because most of us are just holding and waiting for a good thing to happened that could lead to hype.

[arikassuja]

Bitcoin price conditions that are currently very stable are actually very good steps to buy as much bitcoin as you can, keep calm facing price conditions at the exchange place and don't be easily affected by bad news trying to make you lose.

[HitTheLow]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Buy power on btc is very strong under 6k, its only a question of time and btc will start clib again. When the market sentiments will be more positive we will see btc easy to 10k

[iqlimasyadiqa]

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

If calculated with a graph then 6000USD and 7000USD are quite stable values. This can be seen from the current development of bitcoin prices. In the past year it was indeed that we have calculated all aspects. The future of cryptp will be much better and I am sure that the stability prices will make bitcoin more trusted by many people.

[boakyei]

6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.

[Santoshi_my_God_]

6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.

Bitcoin price is trading between 6000$ to 7000$ for a long long time. I think that bitcoin price is too much stable at that level.. But I hope that that time has come when bitcoin price will now start increasing because people now showing some interest in purchasing bitcoin.

[Scompe_BTC]

I think yes this might be stable, somehow, but not because that it is distributed. I think it is because there is something catching all these dumps. The volume of trades seems not changing.

It might look like it is stable but I think someone is accumulating large sums because the price is cheap.

If we observe the price during the year we will find that the price is almost stable between $6000 and $7000. Now we can say that this price is stable, good and reasonable for new investors. Not too high and not too bad. Smart traders can make daily profit from this price fluctuation. I think the future will be good for bitcoin and the price will also go up. Therefore we should wait for more and with confidence.

[Question123]

6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.

$6000 is stable price in this month of october it is good but it also not good because the price not increasing and we need to focus now to increase again the value of bitcoin more than $6000 and better if we see 10k dollars so the people convince again to invest to bitcoin and possible to 20k dollars to happen again.

[ELOCIN]

I think that's the stable price of bitcoin because that's what we also experienced almost throughout this year. Bitcoin is just hovering at 6,000$ and have a time too that it break the 7,000$ mark.

[samycoin]

As of now yes 6000 to 7000 price of bitcoin is stable price. We can't predict what will be the of bitcoin in next few weeks or months but thankfully we are in stable price than to we see that bitcoin in under that price.

[Bustart]

6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.

$6000 is stable price in this month of october it is good but it also not good because the price not increasing and we need to focus now to increase again the value of bitcoin more than $6000 and better if we see 10k dollars so the people convince again to invest to bitcoin and possible to 20k dollars to happen again.

As far beyond the observations I had for the past days of October and also months ago, this price ranges from $6k to 7k still remain consistent and I do agree it has stabilized. However we're still struggling to come back to much higher price, that everyone would wanted to. This has become more chaotic than ever before, many of the panic holders dump some portions of their holdings, and again buy back.

[sirohige]

the condition of bitcoin prices this year seems to be in a stable rate at the price of $ 5000 to $ 6000 because I feel that there is no good news that can trigger an increase in bitcoin prices so prices become more stable, this is the perfect moment to buy as much bitcoin as you can because prices are still stable and not too expensive.

[Dr.Osh]

the condition of bitcoin prices this year seems to be in a stable rate at the price of $ 5000 to $ 6000 because I feel that there is no good news that can trigger an increase in bitcoin prices so prices become more stable, this is the perfect moment to buy as much bitcoin as you can because prices are still stable and not too expensive.

in this case it is very difficult to say stable, because basically the change in the price of bitcoin occurs so fast. but when the price stays at $ 7k, of course it can be a stable thing. but anyway we won't be able to see that before the price of bitcoin actually reaches the price of $ 7k.

[Christopher_Hayes]

I don't think so. If it is, then why hasn't companies started accepting bitcoins as an alternative payment options for physical money and credit cards? Besides, I think someone pointed out in another board that the current price isn't stability, but more like a coma. When it will wake up from it, we never know.

[davinchi]

We always have a "stable price" that is only stable for a while and than changes all of a sudden. If you are expecting bitcoin to be around these prices for a long time than don't hold your breath because it will not be around these prices forever. It can stay here for a while but won't be too long because prices always change in bitcoin even though mostly it is stable.

Prices were stable during 2010 as well until 2013 break out happened, than the price was stable until the 2014 crash happened and now it is stable, no matter what happens for a while in the end the price skyrockets and crashes making it really harder for anyone to follow and just feel comfortable. Good news is whenever price goes up and comes back down it usually comes back down higher than what it was, so I don't know much about what bitcoin price will be but I know one thing, doesn't matter how high bitcoin gets, in the end when it crashes down again it will be higher than 7k when it crashed.