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

[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.