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Author Topic: Is $6000 to $7000 the stable price for bitcoin?  (Read 1006 times)
marketone
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October 05, 2018, 05:14:03 AM
 #81

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.
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October 05, 2018, 06:02:10 AM
 #82

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.
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October 05, 2018, 07:16:29 AM
 #83

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. 



























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October 05, 2018, 10:19:13 AM
 #84

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.
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October 05, 2018, 12:04:29 PM
 #85

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.
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October 05, 2018, 12:30:52 PM
 #86

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.  
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October 05, 2018, 01:04:28 PM
 #87

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.

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October 05, 2018, 03:34:22 PM
 #88

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.
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October 05, 2018, 03:52:22 PM
 #89

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.

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Fedor07
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October 05, 2018, 06:28:10 PM
 #90

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 .
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October 05, 2018, 06:42:10 PM
 #91

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.

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October 05, 2018, 06:46:51 PM
Last edit: October 08, 2018, 04:27:10 AM by DeadCoin
 #92

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. 
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October 05, 2018, 11:26:11 PM
 #93

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.

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October 06, 2018, 02:32:25 PM
 #94

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.
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October 06, 2018, 02:42:22 PM
 #95

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.
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October 06, 2018, 10:08:01 PM
 #96

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
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October 09, 2018, 11:38:11 AM
 #97

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.

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October 09, 2018, 03:14:32 PM
 #98

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
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October 09, 2018, 09:17:15 PM
 #99

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

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October 09, 2018, 09:24:49 PM
 #100

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.

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