Is the Market Stabilizing?

[Rufsilf]

Nope, I don’t think the market will ever become stable, it may be stable for weeks or months but we can’t really say that it will continue to spike up, like for example with bitcoin, last month we reached $8k - almost $9k but when the month of June started it the price went down to $7k which contradicts the speculation of most people that bitcoin will reach $10k, with this I can say that it may take months for the market to become stable.

[Adriano2010]

Is not stable but i think will grow and we can have 10k for bitcoin if not now maybe next month if there will be enough money coming again on crypto, until then we can try get some more coins.

[Zemomtum]

The market is getting upward momentum for now and I think 9800 - 10000 will be the next target before we see any major correction. All these might happen within the space of a week or two. Do watch out

[DigitalGemToken]

I remember last year when Bitcoin stayed around 3000 to 4000 for four months, that's what I consider market stabilizing.

This year, Bitcoin has been in the roller coaster ride again with prices ranging from 3000 to 8000 so I don't consider that stable just yet.

But then again, there is a lot of instability in the world so that draws people into safe assets such as gold or Bitcoin which might account for while the prices spiked so much.

-------------------------------------------------------------------------------------------------------------------------------
Digital Gem Token - Mainnet 100% Live

A decentralized open source store of value cryptocurrency that is more environmentally friendly and scale able than Bitcoin.

The inflation rate is 0.25% per year and uses the Delegated Proof of Stake consensus mechanism.

Website: http://www.digitalgemtoken.com
Block Explorer: http://www.explorer.digitalgemtoken.com:4200/#/
Wallet: Integrated with the Ark.io Wallet
Discord: https://discord.gg/hNcFgb3
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5149229.msg51287198#msg51287198

[bettercrypto]

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.

Bitcoin will never become stable. It is a volatile coin by which the price moves down and moves up fastly. Do not hope for bitcoin to stabilize until the government will make a new way to stabilize it. We should not be scared since we have already the bottom price and ceiling price if it.

[hahay]

Is not stable but i think will grow and we can have 10k for bitcoin if not now maybe next month if there will be enough money coming again on crypto, until then we can try get some more coins.

I don't think that to reach 10k will happen in the near future, considering the correction continues to occur at least on a fairly large scale at the moment. the market does not stabilize and will continue to fluctuate until there is good reinforcement so the bitcoin movement is able to be consistent, but so far the market will continue to fluctuate and I don't think there will be a pump anytime soon.

[Godday]

For now, in my opinion, the Bitcoin market is still stable, the price has not changed yet, ranging from $ 8200 more - less.
This doesn't know the direction of the bitcoin that actually goes down or rises. I hope everything will improve this year.

to be said to be stable crypto market I don't think it can because trading every day continues to occur and developments from the crypto market and crypto currencies all depend on the interests and desires of the investors themselves

[blockchainwriters]

if market is stabilizing at 7700 dollars then we can see positive sign bitcoin can touch 13500 dollars by this year end presently btc is accumulating at 7700 dollars

[boyptc]

if market is stabilizing at 7700 dollars then we can see positive sign bitcoin can touch 13500 dollars by this year end presently btc is accumulating at 7700 dollars

How can that be? do you have some analysis that you can provide now on how you are sure that it will reach $13500 by eoy?

[KeysMedia]

I think we are going to see another rise in BTC

[befriendmywater]

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.

Currently BTC is sideways and fluctuates at 7k5 - 7k9 $. This is really a dangerous buying zone. I don't know what investors are thinking about the whale's strategy. The price of the current BTC is a reasonable price but the whale's hand can be against the rule.
I think the BTC will soon be down to $ 7k3 again and it will return to $ 8k in Q4.

[Cherylstar86]

if market is stabilizing at 7700 dollars then we can see positive sign bitcoin can touch 13500 dollars by this year end presently btc is accumulating at 7700 dollars

  The current market has showing gradual progression that may hint people's speculation to be wise and advantageous on every deliberance. Thus, bitcoins price has bouncing $7k recently and hopefully it will conquer and break the desiring peak.

[lepbagong]

The market has never been and will not be stable. We can observe separate segments of stable growth or stable decline, but the whole way of cryptocurrency is unstable growth.

However crypto is clearly unavoidable that indeed it can be used as a handle for a price / value, because every second there will always be changes that also cannot be predicted to go down or rise slowly or quickly. crypto does have its own advantages and disadvantages and uniqueness.

[tukagero]

I think we are going to see another rise in BTC

maybe ,but  the market is unpredictable it might go the way investors and hodlers  are waiting for ,or it might go to another dump that could lead to everyones broken dream.

[freedomgo]

if market is stabilizing at 7700 dollars then we can see positive sign bitcoin can touch 13500 dollars by this year end presently btc is accumulating at 7700 dollars

How can that be? do you have some analysis that you can provide now on how you are sure that it will reach $13500 by eoy?

Probably none as he did not include that on his comment, or he can keep it on his own.
It's easy to say the price will rise because we all are hoping it will happen, but we sometimes are so optimistic with that, and we want it to happen the soonest. Me, I can wait as I know bitcoin is a legit one, it requires time to recover and a good adoption to result a real increase of demand.

However, let us not underestimate the power of bitcoin as even in a short period of time, it has the power to pump high driven by some hype in the market, its still here and still it will happen.

[syamster]

if market is stabilizing at 7700 dollars then we can see positive sign bitcoin can touch 13500 dollars by this year end presently btc is accumulating at 7700 dollars

  The current market has showing gradual progression that may hint people's speculation to be wise and advantageous on every deliberance. Thus, bitcoins price has bouncing $7k recently and hopefully it will conquer and break the desiring peak.

For sure it is getting higher in current market is the price is 7k it means with time price is getting higher day by day, we only have to show trust for it and wait with patience, it is increasing so I am sure after few years or some months later price will  be more than 10k so let’s hope for the best and keep investing market is not gonna stable yet.

[CARrency]

For sure it is getting higher in current market is the price is 7k it means with time price is getting higher day by day, we only have to show trust for it and wait with patience, it is increasing so I am sure after few years or some months later price will  be more than 10k so let’s hope for the best and keep investing market is not gonna stable yet.

I don't get it if you are saying that the price will continue that means it is stabilizing, right? If the price continues to increase then it is in stable price change and I like that. Though I doubt that people will be seeing a price more than $10K, I guess that is fine since there are a lot of investors that will sell when that time comes.

[smyslov]

You are talking about $6000 so yes we can say that the price is stabilizing right now, but if you study the chart, you'll see that there was a big dip when it hit the $8000 and this will continue to happen along the way, it was a whales manipulation of the market based on their analysis and it will occur so many times as we go along.

[boyptc]

if market is stabilizing at 7700 dollars then we can see positive sign bitcoin can touch 13500 dollars by this year end presently btc is accumulating at 7700 dollars

How can that be? do you have some analysis that you can provide now on how you are sure that it will reach $13500 by eoy?

Probably none as he did not include that on his comment, or he can keep it on his own.
It's easy to say the price will rise because we all are hoping it will happen, but we sometimes are so optimistic with that, and we want it to happen the soonest. Me, I can wait as I know bitcoin is a legit one, it requires time to recover and a good adoption to result a real increase of demand.

However, let us not underestimate the power of bitcoin as even in a short period of time, it has the power to pump high driven by some hype in the market, its still here and still it will happen.

Yes it can be said by anyone and actually I've seen the same prices but those folks that has predicted has valid points and showed some interesting stuffs on how it's possible to reacy by eoy.

I'm more long on bitcoin rather than to look on this year's price ending.

[onrise]

You are talking about $6000 so yes we can say that the price is stabilizing right now, but if you study the chart, you'll see that there was a big dip when it hit the $8000 and this will continue to happen along the way, it was a whales manipulation of the market based on their analysis and it will occur so many times as we go along.

I think market will is stabilizing at 8k levels and finding the resistance at this level as well. This could rise form here and next target would be 10k levels and crossing this would be the first of the achievement for this year.