Is the Market Stabilizing?

[figmentofmyass]

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

[cyberdg]

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

[Jating]

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

Well no one can really answer that question. We've seen the price somewhat stablizes but then out of nowhere the price plummeted. We went from $65xx->$36xx->$4xxx->$36xx again. So there's a lot of bloodbath going on and I don't think it will just end.

Although I believed that we're getting closer to bottom but its hard to say when we're going to see the start of the bull cycle. It could be the start of next year, or Q2. There's no indication whatsoever, that's why it makes they whole crypto market more exciting specially for speculators or gamblers alike.

[Indrawan77]

For this year bitcoin supposed to be stabilised at around 6000$, but because of some party try to take advantage of the situation then the market become disrupted with huge selling amount, so as long as the battle between btc and bch hasn't settle the market will be very fluctuative

[laoou]

The cryptocurrency should not be stable now, and stability may be the event of the next decade. Bitcoin stability now kills all altcoins. So I don't support stability. This is the style of cryptocurrency growth, and every time the bubble is released, it will fall to the bottom.

[KnightElite]

well, get used to it because the market is not going to stabilize for many years and things will be more or less the same until exchanges become a lot bigger than this or we reach mass adoption.
the good news is that the volatility is decreasing compared to previous years. so the growth is happening but it is not yet enough to prevent manipulation and the resulting big drops.

The market will not going to be stabilize because the cryptocurrencies have the characteristics of being volatile.  The price of the bitcoin is continuing to decline,  I can say that there is still manipulation that is happening.

[tenebriscaelum]

Its really hard to tell as the market is made through trust and speculation much like in forex, futures and stocks. The problem right now is the lost of trust by the investors in the market which caused a lot of backlash, also there is the banning of exchanges in China which is one of the largest market in the industry and with the speculation the the miners in China will also be affected  we can expect another drop in prices.

[devinks]

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

no one will know because prices and markets are difficult to predict or even predict by experts. the price of coins can suddenly suddenly drop immediately and suddenly rise again, it is very confusing. we just need to live it patiently and optimistically the price will definitely go up, believe me.

[figmentofmyass]

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

in terms of time and overall shape, this decline is most similar to bitcoin's 2014-15 bear market.

going by that model, we could expect a final bottom in the next couple months, followed by a sideways market for the better part of a year. things might be quiet until 2020, when the next halving is slated to happen.

[Kimi80]

It's too early to give the conclusion. I think that you will have to wait at least eight-ten days just to see if the range of fluctuation of BTC price will stay in approximately 4000/3700 margin. Even then we can not say that market has been stabilized.  That could be sign of it,  at least for the period of next month or two.  
One more thing. It is the end of the year. We all know what was going on last year in December and we know what is happening now. Totally opposite thing. So I think that we all have to make our decisions with caution.

[Twentyonepaylots]

I think that we have pretty long period of stabilized market, but right now volatility comes back and it will not leave this market soon. Also I think that after few months of crazy price movements we will have consolidation phase where cryptocurrencies market will be stabilized for some time.

  We can not assumed yet that the market is stabilizing. Some are still in the Panic mode, massive sell off has still very active as posted in the trading market, The only positive news is that, Bitcoin maybe testing the new resistance level on the market @ 3700 US$, but we can never tell what to become in the market until the consumer's confidence level goes high again on Bitcoin? The market is crazy, it is unpredictable....

[itsik78]

There are two options: the price of Bitcoin will rush to the next level of psychological support at $ 3,000 or the bullish divergence of RSI will work against the background of breaking through $ 4,000, then the price will be able to test the level of $ 4,500. It remains only to observe

[Ranly123]

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.

Did not even reach $6400 and I think it is still dropping but I am optimistic that it will recover and might even surpass it's previous ATH. Let's be observant on what the markets movement and have faith on bitcoins performance.

[trauchot]

Now, as I see, savings for the pump market may have begun, but of course I could be wrong and maybe this is another correction before the next fall, but something tells me that we have moved to that phase when the market will not fall, most likely it’s a long time there will be accumulation of time and so that after some time the big players will can start acting and start pumping the cryptocurrency market, but some growth is possible in December if the big players will want it.

[jbarcenas18]

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.

Do not be afraid of what bitcoin price had done for now. For me there is no word stable in bitcoin I just analyzing and observing the graph when will be step up again.

[YOSHIE]

You go to the market to buy vegetables today you buy $ 5 tomorrow you buy $ 2 and so on,for that, as with the current cryptocurrency market, for crypto prices, I am sure that it will improve sometime in the future, which is the main goal that we must do if investment in Bitcoin focuses on investment.

[sunsilk]

Did not even reach $6400 and I think it is still dropping but I am optimistic that it will recover and might even surpass it's previous ATH. Let's be observant on what the markets movement and have faith on bitcoins performance.

It's starting to move forward, I've seen it moved as I'm posting this at $4,200. We don't know if this will continue or there will be some stop over again. $6,400 is going to be peanuts for bitcoin when there's an indication for significant bull run.

What I wanted to tell right now, let's just stay tune and check out the market until everything's settled and bitcoin's back to $6,000. What's the reason why you want to get some other's view OP? are you still doubting to buy?

[arpon11]

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.

It has been in this way and trading is a scaring venture.  The fight is between the bull and the bear and you should know how bloody it will be some time.  The risk is losing money and the rewards is making profits therefore don't invest without counting the cost.
The market is far from stability and $6400 level is now the wish of some of us here.  Bitcoin falled below $4000 and is even now that we are witnessing little upwards movement.  I think the volatility is real and it will take a decade before we can see stability in this market.

[liuqi]

You go to the market to buy vegetables today you buy $ 5 tomorrow you buy $ 2 and so on,for that, as with the current cryptocurrency market, for crypto prices, I am sure that it will improve sometime in the future, which is the main goal that we must do if investment in Bitcoin focuses on investment.

I think you confusing the crypto market because vegetables value is depends on season but Bitcoin value is depends on demand and supply so we should take more effort in crypto trading otherwise we will loose our investment. So keep buying in bleeding situation is right choice and your thought is right but crypto investment is really careful to trade in this situation.

[tenakha]

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.

Just get popcorn and watch the price like a movie because nobody knows where the price will move. Crypto is so new and the technical analysis just depend on last 6-7 years. So in TA the analysis of the future according to the past and I do not know how accurate the analysis of the price movement we have not encountered in the past. In such cases you can make money with luck not with knowladge.