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

[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.

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[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.