Bitcoin hitting its steady price?

[Moshaid]

A professional cryptocurrency trader won't have this assumptions based on the current market condition. Although the price looks stable at this rate but it keeps breaking some certain points as well as dropping. The market cap also shows that there's more growth approaching the bitcoin price, this price trend might be a ground breaking one for the next huge rise in price, which is why a good investor shouldn't be making up his/her that bitcoin is hitting a capped price of 10k$.

[Twentyonepaylots]

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

The current price of the bitcoin is now $9,100. Far from the expected price that you are talking about. It is continuosly going down because people as of now is selling their coin after it rises up that is why its price goes down. But for sure it will surpass 10k USD since halving is about to happen and people will buy more btc for them to hold and sell it when the halving takes effect.

As of economic theory bitcoin's price will increase due to the halving event that will occur in the mid month of May. Most probably it is down right now because of the unexpected rise it get early this month and so many people sold their to get an early lunch. Although it is not certain for the bitcoin halving bitcoin to make its value increase. I'm positive with the upcoming halving, I assume it would skyrocket right after and will continue after a month. I expect a $17000 for 2020's All time High still far from the $9000 current price.

It makes me laugh how the Rekt Capital predicted the price of Bitcoin above $100,000. Very optimistic isn't it?

[yazher]

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

Bitcoin is made to become volatile, there's no way that it can become steady like most of the stable coins do. not because the price has never been down or up in the $10,000 mark, it means the price can assumingly be that way, no!
As you can see today, we are heading down again and this is the nature of Bitcoin. Another day of riding the roller coaster without knowing when will the price rise up again.

[LogitechMouse]

When I saw that a hacked on BCH happened, I already expected for a further downside within the next days and it really happened.

With this, I'm expecting for a further downside in the next few days.

TBH, another opportunity for us to accumulate more Bitcoin . You can't use the word "steady" with Bitcoin because we know how volatile it is already so this is a no no already. There is no "safe" too here since anything can happen so the capped price of $10k is somewhat irrelevant and we saw already the market going down including BTC>

[coolcoinz]

What is a capped price? Capped by what? Demand?
There are 2 important factors that make it impossible for bitcoin to stay at a certain level or a cap as you call it. The first one is very small adoption and recognition. In many countries only 10% people have heard of it and even less know how to use it or have transacted at least once in their lives. Go to your school or workplace and ask to see how many people know how to send and receive bitcoins, you'll see what I mean.
The second factor is mining. There are millions of dollars in Bitcoin being sold on the market by miners who need to pay their electric bills. This will always create a downward pressure on the price, or at least until there's almost no coins left to mine.

[Oasisman]

What's steady price? Like stable coins price?
I don't think Bitcoin will reach to that point where the price becomes stable (not atleast until the last piece of Bitcoin is mined)
The very volatile nature of Bitcoin is what makes it a most profitable investment among the other forms of investments, and that alone is the indicator of a healthy market.

[Sadlife]

Certainly not, the price was in the $10k level but suddenly made a huge dump dont know if this due manipulation or maybe the effects of global crisis like wars and viruses. I even thought it would break out to the upside cause it was steady holding 10k and made an investment. But bitcoin surprised me once more.

Maybe it's still to early for bitcoin to be called a safe haven.

[BlackFor3st]

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

You are entirely wrong about your statement, there is no steady price of bitcoin as it is a vulnerable currency meaning it can increase any moment or decrease any time. As of this year the bitcoin highest price is more than 10k then it decrease slowly because of unknown reasons and is currently sitting at 8611$.

Other are predicting that we can hit a new ATH record of bitcoin this year therefore having a capped of (i.e 10k$) is definitely in correct or not safe as the price can easily increased if the demand will skyrocket in just a short period of time. The halving still incoming meaning there are still plenty of opportunities for bitcoin to bounce back.

[skarais]

Certainly not, the price was in the $10k level but suddenly made a huge dump dont know if this due manipulation or maybe the effects of global crisis like wars and viruses.

The amount of sales that are too high has made the price of bitcoin a dump. A few days ago the price of bitcoin was at the sideways level which is actually a sign that there will be a big change between pump and dump and it is true that the price of bitcoin has now been discarded.

I have seen it several times when bitcoin prices are sideways and when changes occur, traders must make a cutlose if when the price become to dump or sell it when the price breaks the resistance level or resistance breakout.

[btc78]

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

what is steady price $8k mate?since that is what the value now compared 3 days ago when you asked this question.i don't know if how low we will get until this month ends and starts the new one.

but it is absolutely NO if you are asking about steadiness of price ,looking at how market swings this 2 months alone of 2020?you will see that we are not having a stable value at least not this before halving time.
maybe we cannot really expect steady price mate specially in Bitcoin that being a model currency of volatility,it will move each time for sure.

[maxreish]

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

 I don't think it is that way. As you can see it was hard to hit up $9,000 again as of today and was trying to climb up but still failed. I just hope it will gain more strength to fight the bear since bear is really strong for now. The steady current price is at $8,500-$8,700 and some are trying to say that btc will reached down $8,200. Well, i hope not. But according to my TA, too it is possible to happen.
 
 Let's just focus on other opportunity while this market is hard to predict. Aiming for steady price is really impossible, OP.

[rajsimran]

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

Hitting 10K$ just matter of time.For now it's not going to hit 10k$.if you see the last 2 days charts, you will see that market is bleeding.Maybe this time btc price will be stable in 8500$.second week of march we we will see btc price 9k$ again.I think btc will cross 5 digit number again in last week of march or 1st week of april.Even it can be before,also btc reward halving so 10k$ is easy for bitcoin.

[michellee]

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

I don't think so. It is right that bitcoin already hit $10k, but unfortunately, bitcoin cannot still increase but only get down. And now the price is down for more, and we see the price reach $8700. We don't know when bitcoin price can increase back because it seems, the bitcoin price is hard to grow at the end of this month. But we have a new chance to see a bitcoin price increase in the next month until before the halving time, so when the halving time comes, we can hope to see the bitcoin price can increase more than $10k.

[Yamifoud]

We are not getting to that situation for sure. Even though we are able to reach $10k but we can't expect that we may stay there for long but rather to expect pumps and dumps will usually happen along the way. With this volatile market, you can't think of having a steady market trend coz it all comes into regular price changes. In fact, it isn't new to us and we already knew about this since before.

Whether we like it or not, the market will stay like this and for the coming years.

[Reatim]

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

how i wish it is now mate but it doesn't because few hours after you posted this?the market start to fall bad and now we are in dumping stage again.

Bitcoin price falls to $8000 level again and there is no sign of returning back near,it seems that we are going back from the beginning of this year when the value is still $7,200.

if my speculation is correct we are under correction and may see another fall before totally goes Up .so holders keep holding and wait for a chance of buying again soon.

[princesspoppy]

Steady price? Nah, I don't think so. I haven't heard of any coins having steady price most especially bitcoin. The price of bitcoin in the market is still a good price although it dropped from 10k, I think that is still not the limit of the hype price of bitcoin. It's just a warm up (I hope so). It will rise up again as the halving month approaches.

[Mahanton]

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.

Theres no such thing about fixed or some sort in relation to the price.Its always been volatile and as said it might be stable or less moving for the mean time and then suddenly it do pumps or dumps without even expect for it to happen.Its true that the recent dump wasnt being anticipated yet most people on community do already have that bullish sentiment or views towards the price since we are already heading on halving event.

We shouldnt really expect much that the price do have some fix point because it wont really happen and its been like that since past 10 years. 

[coinycoiny]

No, the last high was $10k.

The next low will be about $5 and the next high will be about $7.5

[Oceat]

No, the last high was $10k.

The next low will be about $5 and the next high will be about $7.5

Possibly, but maybe by the end of this year we might be able to see that price again since Bitcoin already experienced that price lately. Bitcoin didn't surpass the $15,000 yet so the odds of getting a low price like that is too high. I guess $10,000 is the highest price this year even if the halving occur this coming May there's no way that the price would boost fast after that. We'll at least need to wait for more than a month before we could actually see the sign of bull run.

[fiulpro]

Bitcoins is never actually going to stay at any rate for a long time , it will be constant for a while but eventually it will fall or rise , that is comple inevitable.

Therefore I do not think that we will be able to achieve a steady price in terms of bitcoins since , it is not dependent on any currency , it's independent and therefore it does not have an actual buffer system that will support the increase and decrease of that.