Will the price of BTC stabilize at around $10,000?🧐🧐

[Kemarit]

I feel like the constant price changes hurt the traders for a bit so they want it to be stabilize in order to finally handle their averages before we make another move, the ones that bought high want to buy some more here in order to drop the average and the ones that bought low want to capitalize some profits in order to have higher purchasing power when we reach the wall so forth. If we can stay here for another month at least, then we will be a lot faster to go up later on.

Market is volatile so there will be collateral damages in a short run. So I don't think that we will remain or at least stabilized around $10,000 because of the constant buying/selling. Remember it is driven by several parameters and this parameters are not constant as well.

So Bitcoin's volatility is back, as far as I know, we have been enjoying a massive run for the last three months or so, closing above MA. But this July we have seen the price really fluctuates a lot so I don't that we will see some stability in the next coming months.

[snipie]

Volatile apparantly reduce if we compare from the price of bitcoin from several weeks ago i think it was more stable for the current price but to says stable price will last long on $10k i think it will be so hard to says as sometimes the price can be so unpredictable

Volatility reduced but a negative trend appeared recently driving the price to - $10k level which is bad.
Having a consolidation over this barrier is very important for every bitcoiner and will push others to join in mass..

[Aqcizromencez]

it is difficult to say it will be stable or not but in the short term between 9800-10000 can be said to be stable in that range, and at any time can jump or freefall but requires good and bad news that will be followed by most investors and forces the price of bitcoin to move.

[bitbunnny]

Maybe it will not get quite stable but I think by the end of the summer Bitcoin price is going to fluctuate somwhere in the range between 9000$ and 12000$ max. There is a lot buying/selling activities on the market but again not enough to push the price. Anyway, I don't expect to see some bigger drops but not the significant rise either.

[omonuyak]

Will the price of BTC stabilize at around $10,000?🧐🧐

Bitcoin is not one of fiat or stable coins and as such you should not expect it to make any significant stability in a long run because people invest in it to make profits and it has no capital reserve that can stabilized it pricing or under any momentary policies that regulate it price. I think the volatility will be there as far as become remain unregulated.

[Dr.Osh]

Until now, the price of bitcoin was really stable at that price. when the decline occurs, then in the near future, the price returns to the price of $ 10k. well, this situation is quite interesting, because if the price of bitcoin goes up, I think it will be $ 11k or $ 12k. this is an opportunity to have a large amount of bitcoin.

[Oceat]

Upon looking on current situations of bitcoin lately, the price seems to be playing around at $9000-$10000 but it won't really stabilized at $10k. Once stability happens, the probability of low market demand is feasible. There could be no chance for btc to increase massively, like what happened in the middle of June. Be glad that btc's volatile market is everybody's opportunity to consider.

Looking at the price this is still a good and stable price even if it drops and goes $8K. The price seems to be dropping recently not knowing what could be the possible reason but i guess it's just a price correction for its recent increase last month. Upon looking at the chart of Bitcoin in Q2 the price seems to have the right to make such price correction and i expect at Q3 the price may grow slowly upon reaching the $12k-$13k price again.

[beerlover]

We have already seen stable bitcoin prices for a long time, it is not a big deal. When bitcoin dropped from 20k it was around 6-8k for a long time, it was like that during last summer and it was like that until November 15. After that price went down all the way to 3.2k at bottom and moved between 3.4k to 4.2k for at least 5 months until April-May when price started to go up (could even say early june). So, we have seen bitcoin price go down and than stay there for a while, why don't we imagine the price doing the same thing on going up as well?

Just like how it moved from 20k to 6-8k to 3-4k, it could move from 3-4k to 10-12k to 15-17k as well with a lot of stable time in between moves, that way it would do exactly what it did during the fall but this time for going up.

[romero121]

No specific reason available for the price of bitcoin to stabilize, the market move takes place in the common growth pattern. As there is a kind of support statement from People's Bank of China, the central regulatory authority for financial institutions and drafts of country's monetary policy gives a positive move on bitcoin. This seems to keep the price of bitcoin moving above $10000 soon, though there is continued price move happening within $9500-$9800

[South Park]

We have already seen stable bitcoin prices for a long time, it is not a big deal. When bitcoin dropped from 20k it was around 6-8k for a long time, it was like that during last summer and it was like that until November 15. After that price went down all the way to 3.2k at bottom and moved between 3.4k to 4.2k for at least 5 months until April-May when price started to go up (could even say early june). So, we have seen bitcoin price go down and than stay there for a while, why don't we imagine the price doing the same thing on going up as well?

Just like how it moved from 20k to 6-8k to 3-4k, it could move from 3-4k to 10-12k to 15-17k as well with a lot of stable time in between moves, that way it would do exactly what it did during the fall but this time for going up.

That is a possibility, the truth is that most people only remember the final months of 2017 and they only think of them if you mention the previous bull run, but the truth is the bull run began at the end of 2016 and lasted for 15 months, if this is the beginning of a huge bull run as some speculate then we are still in the early stages and as such a short period of stability could be necessary before the price begins to skyrocket, however I hold the opinion this is not the case and a stable 10k will be the door to see lower prices in the future.

[el kaka22]

Stable price of bitcoin is something that we cannot dream of, at least for decades. Last year bitcoin prices were seeming to be stable around $6.5 levels and by beginning of this year it was seeming to be stable around $3.5k but now it is trading in the gap of $9.2k to $13.8k and we cannot expect to be trading in the same range but may break at the upper cap at any time.

Bitcoin prices may stabilize when there would be enough buyers for all the newly mined coins at every 10 minutes and lots of other factors. This way, we may get somewhat stabilizing prices levels for BTC but halving may induce upward surging at every four years. So, BTC prices may not stabilize at price levels at least for next 200 years.

[leea-1334]

It seems to me that it looks like we have another week or a new month to find out what a new support is like for BTC to stabilize. I think a lot of us wish it would go higher,,, but for me, if it stays a long time at 10000,,, it means we cannot go lower and that is a good thing for us who decided to hold since the lows. Now,,, if only alts can catch up!;)

[arpon11]

it is difficult to say it will be stable or not but in the short term between 9800-10000 can be said to be stable in that range, and at any time can jump or freefall but requires good and bad news that will be followed by most investors and forces the price of bitcoin to move.

Bitcoin has been moving in a range and that is when it is in a sideways trend. We have a volatile market and we must agree with this fact and it might never be stable at a particular price for long term. It must be moving up and down like gold or oil as far as it is not regulated and traders and investors determine the price! If bitcoin is been used as money, that is when we should expect its price to be stabling in a range.

[STT]

No 10,000 is just a flat number and has no special meaning in any other currency but US dollar.    BTC is its own value not determined by just one measure so I dont think 10k is the place it finds a perfect balance, it has an ease of reference for many people and I dont doubt there are more orders here but its not going to stop for long.



We are moving around 10,000 but I think the real measure short term is the blue line which is an 8 day average price.   If we stay above that then we can continue upwards perhaps.

[Slow death]

People want bitcoin at $8,500

People want the price to reach the moon (over $20,000)

CNBC Host Goes Full Bitcoin Maximalist With $55K Forecast After Halving

Pompliano 75% Confident Bitcoin Price Is $100,000 by End of 2021

It seems to me that it looks like we have another week or a new month to find out what a new support is like for BTC to stabilize.

honestly, I would prefer the price to rise to $ 14500 and stabilize at $14000, but if it drops to $7000 it will be a good chance for me to buy more bitcoin

[flemmings02]

Will the price of BTC stabilize at around $10,000?🧐🧐

Stability is out of picture regarding Bitcoin's price, but the price for a few weeks now has been between the $9000 - $10000 per Bitcoin, that shows the market trend that there is no new big sell or buy order to trigger a big increase  or price reduction. So for now we can admit a near stability in price, but all that could change is just a matter of hours, if there ais big news or hype to trigger buying or selling.

[Woodie]

Will the price of BTC stabilize at around $10,000?🧐🧐

In the short term it would be nice to see bitcoin stabilize around $10000 but going passed this is something I fancy.

[michellee]

Will the price of BTC stabilize at around $10,000?🧐🧐

In the short term it would be nice to see bitcoin stabilize around $10000 but going passed this is something I fancy.

I think the bitcoin price will stabilize in this price for a while, but in the next week, the price will start to rally. In this month, many predictions will come out, and we should be careful, we need to analyze deeper so you can find out the good price. I think after the price can stable at this price and $10k, it will reach a higher price, and maybe it will start a rally.