Bitcoin hitting its steady price?

[Sanitough]

is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?

I am not sure it will hit, but its' been like the average price it could achieved for a year.
This is solely my own observation only, I am not using any graph or checking its price history but bitcoin is quite stable at $10,000.

Look at the price this year, we've reached $10400 before the price dump but slowly the price has been rising, so I would not be surprise to see it at $10K again, and I think buying below $10,000 is quite a good entry for short term.

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[tbterryboy]

Steady price is something which we cannot imagine for the bitcoin markets right away because we are still in early phase of bitcoin revolution. Steady price for the bitcoin markets will be possible when there will be at least 33% of world population adopted bitcoins. Bitcoin is trying to break its strongest resistance levels around $10,500 and for making it broken, it is gaining power by having a short term pullback toward $8200 levels. When market is fluctuating within these price levels, it may seem like it has achieved some steady prices.

Overall bitcoin market is into the early stage of bullish mode. When trend is about bullish mode, how we can expect about steady prices.

[Baoo]

To be honest, I felt happy when Bitcoin has reached 10k lately, the value of that price is really important and a good station for the progressive of Bitcoin forward. In fact,  obviously there is not a big difference between $ 10K and $9K, it is just $1k , so Bitcoin's price can easily rise to $10K in the near future  despite the   continuation of the dip in this current period. And to be honest, we have no idea when will this current crisis end and price return to the rise.

[Spaffin]

Steady price is something which we cannot imagine for the bitcoin markets right away because we are still in early phase of bitcoin revolution. Steady price for the bitcoin markets will be possible when there will be at least 33% of world population adopted bitcoins. Bitcoin is trying to break its strongest resistance levels around $10,500 and for making it broken, it is gaining power by having a short term pullback toward $8200 levels. When market is fluctuating within these price levels, it may seem like it has achieved some steady prices.

Overall bitcoin market is into the early stage of bullish mode. When trend is about bullish mode, how we can expect about steady prices.

At least in the last month, Bitcoin has been stably kept at the same level, experiencing small corrections in its price.  I also believe that on the eve of the new halving, bitcoin is at the very beginning of the bull run. And I really hope that by the end of this year we will see new results of the cryptocurrency market.

[ice098]

I don't stop at that price on the optimum range, because bitcoin has a huge potential that it could increase more than $10k. There's no steady price or even a stable value, and volatility always do random fluctuations in order for the price to increase. Demand is the main reason that could help each price to grow further, and as people kept holding their btc I believed new adoption will arise.

[Kelvinid]

I don't stop at that price on the optimum range, because bitcoin has a huge potential that it could increase more than $10k. There's no steady price or even a stable value, and volatility always do random fluctuations in order for the price to increase. Demand is the main reason that could help each price to grow further, and as people kept holding their btc I believed new adoption will arise.

It can be more or it can be not. That is the possible future that Bitcoin price may have.
Yeh, we are into the look and positive that this year is a bullish one but something we can't be denied that volatility still remains and we definitely not sure what is coming and even this halving effect.

Looking at how the trend goes on, it is totally ups and down. But the good thing that we are able to see now is being more on the ups compared to dumps which encourage us to be more positive and stay trusting crypto.

[iv4n]

From time to time we see bitcoin price steady at some price for some short period, for me that is a signal that something big will happen, the calm before the storm. This time it was the same, after couple days at 10k we have a drop under 9k, and I believe the price will sink more, at least I have buy orders at lower prices.
Bitcoin can have a steady price, but only for a day or two, after that it will start moving in some direction. It's because we trade all the time, and we take a break for a moment or two, but that's all. After break, we all continue to trade, it's never ending game, with so many buy and sell orders that are lower or higher from the current price you can't expect price to be steady for a long time.

[jhonjhon]

is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?

I think no 10k$ is not yet the price that we wait we that price is starting bitcoin will gonna rise. But the problem is we don't know when the bitcoin gonna hit the highest price. So the 10k$ is not yet the price just wait be patience so that we can get more profit.

I think $10k isn’t that far however, the performance of the price now isn’t looking good and though $10k is near but it seems that the price is having a hard time recovering and going to that mark. Bitcoin is never steady, we don’t know what will happen next so we just have to be prepared.

[Meowth05]

is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?

That wouldn't be certain by now because there's no fixed value for bitcoin due to volatile market behavior which every can't determine. The safest way to consider for the main time is that, we should focus on holding and accumulating our asset while we're still having unpredictable trend which suddenly surprise us every minute. Just like with the latest crash, no one has been expecting that to occur this month due to lots of positive expectations.

Bitcoin price can change almost every day and for as much as we all want the price to be steady it won't happen. Bitcoin wouldn't be this value if it weren't for its volatility that attracts investors and being unpredictable is already part of bitcoin nature so we can't really say bitcoin is having a steady price or price cap. With the upcoming halving we may see ups and downs I just hope it will go back again to $10k.

Exactly, it is impossible for Bitcoin to have a stable price because it is the nature of Cryptocurrencies specifically the Bitcoin to be volatile. We might see some cases that it doesn't make any movement but this is just for a while and will not last long. Besides, I don't like for Bitcoin or should I say nobody wants for Crypto to have a steady price because this gives profit, this attracts more investors, this is what makes unique to all kind of currency.

[FanEagle]

Yeah, bitcoin has been seeing this "just under 10k" levels as steady for a long time. Even waaay back in 2018 when the price dropped from 20k to 3k there was a moment when it reached 8k levels and stayed around 7-9k for longer, I mean it still went down to 3k but it stood around those price longer than any other price if you check the prices.

I still do not think that bitcoin has a steady price but if there is any I can see this prices to be really steady price honestly. Think about in 2019 as well how many times price went above 10k but dropped under it multiple times as well, it happened many many times and it moved around 8k-9k prices almost half of the year. If I wasn't trusting bitcoin to be going really high in the future, I would say this could be the forever price if there was any.