Is the Market Stabilizing?

[tonyvo2017]

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.

Looking ahead, I think the price of BTC will increase further. Because I see more and more large businesses entering the crypto market, Facebook, Amazon are cooperating with ETH, and well-known car manufacturers.
Market capitalization increased due to the attraction of Bitcoin Halving events in 2020.
We really should buy and hold BTC now. next year its price may rise to $ 13k.

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[Serco]

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.

we count the next price target for next movement with fibonacci expansion.i am sure in near time bitcoin could reach above $10k .market capitalization and technical analisys shows good sign for it.

[Thanasis]

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.

we count the next price target for next movement with fibonacci expansion.i am sure in near time bitcoin could reach above $10k .market capitalization and technical analisys shows good sign for it.

It passed $10K and again fall down to the level of $10K now after reaching the high of $14K so you guys were right that the resistance is not at $10K so we are moving towards the next target at the next bump.

[veleten]

far from stabilizing , has never been stable never would
maybe for a short lul period of time it is more or less stable , only to go full crazy after
only 25 days ago the price was 30% higher at 13k+ and a few days ago we visited the 9000$ mark
expect it to always be like that and if the price is stable ,then something is very wrong with it - probably fallen very low and stays down
or it is just a temporary calm before a storm

[loopes]

Now the price of bitcoin is about $10K and it will not be stable if there are still activities in the market. The fluctuations of bitcoin price is really increase and decrease by market activities.

[Tylev]

Now the price of bitcoin is about $10K and it will not be stable if there are still activities in the market. The fluctuations of bitcoin price is really increase and decrease by market activities.

More than a month ago, the price of bitcoin was about ten thousand dollars, and this time we see about the same price. So we can assume that the price of bitcoin has stabilized. However, seriously, the current bitcoin will never be stable in price. Even if it is relatively stable for some time, this does not mean at all that in the next minute it will not rise sharply or fall. In my opinion, this is where the attractiveness of bitcoin and the whole cryptocurrency is.

[longyenthanh]

I did not see at all that the cryptocurrency market was stable. In my opinion, the market for cryptocurrencies has always been speculative.

We all know that crypto market can not be stable like stock exchange or fiat currencies. Mostly it is about capitalization of market.. maybe someday capitalization will grow enough to be stable as other big markets. Question was about stabilization but in the meaning of crypto, so "no more crash?" And the answer is yes. From the beginning of this year we see some movements, but it looks like investors already recover trust to crypto, so in my opinion it means further stable growth of prices.

[gantez]

I did not see at all that the cryptocurrency market was stable. In my opinion, the market for cryptocurrencies has always been speculative.

I believe what the question was asking was if there is a moment we can say price is on a gradual moving time balancing from up to down , going from to and fro like we have it at the moment.

[sirminesalot]

Now the price of bitcoin is about $10K and it will not be stable if there are still activities in the market. The fluctuations of bitcoin price is really increase and decrease by market activities.

prediction of cryptocurrencies I think so far no one has been able to predict with certainty and precisely because it has become the nature and risk of investing in cryptocurrency and true what you convey the development of cryptocurrency depends on the movement of the crypto market and of course dealing with the investors themselves

[Kambal2000]

Now the price of bitcoin is about $10K and it will not be stable if there are still activities in the market. The fluctuations of bitcoin price is really increase and decrease by market activities.

prediction of cryptocurrencies I think so far no one has been able to predict with certainty and precisely because it has become the nature and risk of investing in cryptocurrency and true what you convey the development of cryptocurrency depends on the movement of the crypto market and of course dealing with the investors themselves

So far now we can say that the market is stabilizing, we can say that the purchasing power for crypto has strengthened as the demand for it increases.

There's a lot of factor that made the demand increasing, there are countries that would regulate Bitcoin and that the number of Bitcoin ATM is also increasing. another factor is that due to scsm projects people nowadays prefer to trust Bitcoin than anything else.

[panganib999]

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.

The market seems to be a stranger with stabilization, just observing the market movement and the price says it all. One day it will rise up to 10k then fall again at the same day leaving some traders regretting at some point of their decision making. If you're planning to buy bitcoin, buy it a low price just wait for the time thatbthe price is low then sell it high.
        At this moment the price is somehow being driven by China's words about blockchain technology. The market has been a roller coaster ride and will be affectwd by so many non-crypto factors so it would be hard to know and figure out when the market will reach stability.

[Webetcoins]

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.

The market seems to be a stranger with stabilization, just observing the market movement and the price says it all. One day it will rise up to 10k then fall again at the same day leaving some traders regretting at some point of their decision making. If you're planning to buy bitcoin, buy it a low price just wait for the time thatbthe price is low then sell it high.
        At this moment the price is somehow being driven by China's words about blockchain technology. The market has been a roller coaster ride and will be affectwd by so many non-crypto factors so it would be hard to know and figure out when the market will reach stability.

Digital market is a way too young  for becoming stable. Or saying that no one desires to look at a stable market would be better. All investors’ top reason behind investing in digital currencies is profits. They want to earn money from these investments. Now bitcoin is the best among all and the most volatile one too. Therefore, it gets the most attention and customers. Fluctuation has nothing to do with reliability.

[reality18]

For a total stability? No! We can say the market has maintained a fair range of price with BTC moving around the $9K to $9.4K price range. You can see some fluctuations when the market is observed very closely because the activities of traders do not cease. However, this should not prevent one from buying because BTC  has the potentials to surpass its current market price.

[yulionoo]

I think the price of bitcoin is never stable, it always fluctuates. and I think we don't need to be afraid because if we want to be patient and wait we will benefit. a week ago the price of bitcoin fell to $ 7,400 but three days later the price of bitcoin rose to $ 9600. bitcoin has high volatility. because of this volatility many people are interested in investing in bitcoin. and I hope by the end of this year the price of bitcoin can reach $ 12k.

[AGroose]

I think that now the stability is over. After such strong growth on October 25, volatility is greatly increased. These guys say that now he will fall and then grow up, but I don’t know how right they are.
https://neironix.io/news/numbers/analiz_kursa_bitkoina_na_31_oktyabrya_testirovanie_9_000_i_noviy_sposob_popolneniya_na_binance

[ololajulo]

We are not through with the recover and cant have the kind of dump in previous year. If bitcoin is the only coin enjoying the ride we are yet to see stability. except for bitcoin and BNB, no other coin (maybe the new coin) had gone through with at least 60% from the ATH. The space is anticipating  the come back of whales and some bitcoin will be released to some projects that could prepare a steady ship before the bullrun. The stability might take another year or more but we are not there yet.

[HarmonyA]

In spite of its numerous cynics and doomsayers, the crypto market  has kept on stopping along and flourish. In spite of the fact that costs have varied fiercely—and now and again massively to the drawback—the part is at long last beginning to stabilise.

[julius caesar]

Market price is not really stable because the consumers is the one who dictates the price of the specific coin. Do not expect that the price of it will be stable because the demand of the consumer is different from each other. It is all about supply and demand where in if the supply is higher than the demand its price will for surely gonna go down.

[bitcoinst]

Market price is not really stable because the consumers is the one who dictates the price of the specific coin. Do not expect that the price of it will be stable because the demand of the consumer is different from each other. It is all about supply and demand where in if the supply is higher than the demand its price will for surely gonna go down.

Most people are reactionary in nature, especially most in this forum. Therefore, if the market for a long time does not meet the needs of the majority, they begin to emotionally respond to events.
No matter what happens now, a recession or rising market prices, such people will respond in accordance with where the trend is going.

Prices are falling - everything is bad, prices are rising - finally crypto spring has come. And so in a circle. I have been watching this for many years.

[spike420211]

The market only shows the vagueness of stability. As soon as Bitcoin stops at one place, the attractiveness of investing in it will fall many times.
In addition, I am deeply convinced that the market is controlled by certain forces that choose whether the market is stable today or not.
Do not let yourself be fooled because this is exactly what the market sharks are seeking.