Bitcoin hitting its steady price?

[Dabs]

Volatility will remain for the next several years. Relative to fiat currency exchange rates against each other, Bitcoin has a low percentage variance so far, but in absolute amounts has not been very stable, at least $100 USD up and down every day.

We may see steady price in maybe the next decade or two, as mined coins will be close to 99% then. The last 1% will take a hundred years.

[davis196]

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

What do you mean by "capped price"?There's no such thing as a steady price,when it comes to bitcoin.
The 10K USD price was a psychological  barrier that couldn't resist the selling pressure caused by various factors and it simply collapsed back to 8.6K USD.No bitcoin price level can be considered stable and you should educate yourself more about the price behavior of assets with immense price volatility like Bitcoin.

[Twentyonepaylots]

Volatility will remain for the next several years. Relative to fiat currency exchange rates against each other, Bitcoin has a low percentage variance so far, but in absolute amounts has not been very stable, at least $100 USD up and down every day.

Or maybe volatility will remain forever. I cannot see the price of bitcoin in any way that would be steady even in full capped. The price may move in a short or long range of value but it will never be on same place where it was yesterday, there will be a movement for sure every time. I thought this time wil be the trigger to pump the bitcoin again in $20000 , I thought hitting $10K will be the start, too unfortunate for my stacked.

We may see steady price in maybe the next decade or two, as mined coins will be close to 99% then. The last 1% will take a hundred years.

Imagine if all btc was mined and still volatility rate is at high haha, it will be very playable game to join to right? I wish whales that time will become playful and merciful.

[Saint-loup]

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

A capped price no, I don't think so, but clearly a big resistance. I don't think we can expect to see Bitcoin finishing the year above its ATH, in fact I think we'll have to wait many months to see bitcoin staying above $15000, I don't even expect that for this year. Bitcoin will certainly reach $15k at some points during the year, but I doubt he'll be able to settle above that level despite the halving in 10 weeks.

[gundala]

Too risky I think. Excessive expectations often affect the analysis, it is better to take a middle ground. Hopefully, but many things can change and happen unexpectedly. Just look at the price movements of bitcoin this month, quite wild, huh? unexpected ups and downs even though there are no strong news or numbers. Approaching halving is still not too significant changes in price, I hope the flash pump will come soon.

[jhonjhon]

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.

[hahay]

Too risky I think. Excessive expectations often affect the analysis, it is better to take a middle ground. Hopefully, but many things can change and happen unexpectedly. Just look at the price movements of bitcoin this month, quite wild, huh? unexpected ups and downs even though there are no strong news or numbers. Approaching halving is still not too significant changes in price, I hope the flash pump will come soon.

Not sure there will be a big pump before halving because as has happened a few days, prices may stagnate in the same range for the next few weeks, not sure there will also be large changes that are more positive because at least there are many external factors that might have an impact bad for more significant growth. That way I'll just wait and maybe there will be a more positive move at the beginning of the third quarter later, who knows.

[shoreno]

why not ? actually its now happening  , recently the price playing at 9k to 10k usd  . this can take for a long time but i think im not ok with it    , would be more better if btc be stable at a good price range maybe 15k to 16k usd  .

  still i dont assume that the stability will last forever knowing that there are still county and people that arent involve in btc  but once all of them enter , the price can either pump more and it can also dump more harder than what we are experiencing right now   .

[Latviand]

It is either be lower or higher for this month but I doubt that it would be stable at a certain point given that the market value of not only Bitcoin but also other cryptos are naturally volatile. Stability could only be possible if ever Bitclin would be regulated to majority of the countries. But for that thing to happen, there will be more years to come given that issues are still being faced by blockchain technology in general.

why not ? actually its now happening  , recently the price playing at 9k to 10k usd  . this can take for a long time but i think im not ok with it    , would be more better if btc be stable at a good price range maybe 15k to 16k usd  .

  still i dont assume that the stability will last forever knowing that there are still county and people that arent involve in btc  but once all of them enter , the price can either pump more and it can also dump more harder than what we are experiencing right now   .

It is just stable at such point because there is an anticipated event particularly with Bitcoin halving. Investors are holding from selling at such point and maybe are also anticipating for a bigger profit once true bull run occured after the halving as what was expected by the majority.

Too risky I think. Excessive expectations often affect the analysis, it is better to take a middle ground. Hopefully, but many things can change and happen unexpectedly. Just look at the price movements of bitcoin this month, quite wild, huh? unexpected ups and downs even though there are no strong news or numbers. Approaching halving is still not too significant changes in price, I hope the flash pump will come soon.

Being patient and not making absurd conclusions would be more advisable at this moment due to the anticipated halving just like the fork before that boosted the market price of Bitcoin. It is either investors are waiting for a price increase or a lower market value for them to invest once its price become lower as the day of halving is approaching.

[criza]

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

No. Did you see how bitcoin price goes on a wild swing this month alone?

Went went as high as $10,300 then go back down to $9700 then recovered and bounce to 5 digits again.
But look at the current price, so there's no such thing as steady price, because it is only one of the best speculative asset, everything is based on speculation, it might trade sideways on certain levels, but having a steady price? it won't happened.

That is why investors should always be alert and analyze the past movement of Bitcoin to be able to closely predict what might be the standing of Bitcoin everyday for a possible return of profit. It is a given fact that we couldn't really predict what would really happen to the standing of Bitcoin in the future. Like me, I thought as the halving event comes closer, the price also of Bitcoin will continue to increase because of the investors or holders will store Bitcoin that would certainly decrease the supply of the coin.

For me, the only certain thing that might happen is a great decrease in its supply and a Bull run during or after the halving.
 

[STT]

10k is a great price, its doing fine at that price.   I dont see it has to do more, advancing too far is why it has to sell off like it is now which only upsets some.   A level 10k would probably yield a wider involvement by more of the population.

We are arguably approaching a more long term average just because its in the region of a yearly average, the purple line on this chart



The 200 day is more widely watched and noted but if we're talking the price becoming neutralised over time then being level with a year average is about that.    It cant really be called negative overall here imo just people had hope for more gains at this point.

[Reatim]

No, the last high was $10k.

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

So from where did you learn this?are you a analyst? If not then stop fooling here becuase $5k will never happen again this year and the $7,500? No never in this season and the whole year.

why not ? actually its now happening  , recently the price playing at 9k to 10k usd  . this can take for a long time but i think im not ok with it    , would be more better if btc be stable at a good price range maybe 15k to 16k usd  .

  still i dont assume that the stability will last forever knowing that there are still county and people that arent involve in btc  but once all of them enter , the price can either pump more and it can also dump more harder than what we are experiencing right now   .

The things is we almost hit $11,000 this year but suddenly we fall again this month but hopefully may take the high price again this March.

[bearexin]

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

I don’t know about this for sure, but don’t forget that there was a time the price was at $6000 to $7000 and it remained stable and kept circling around these two prices until it managed to break through it after a long time before going for this $10,000 and falling back again.

So, I don’t think it’s capped on $10,000. The price dropped down to $8,000 and yesterday I can remember seeing the price around $8,300 and after that the price moves up to $8,600 and just now it has topped up extra $100 and is currently at $8,700 plus. It’s not going to stop there, it will still continue to increase and will keep going till it reaches a high price.

[Baofeng]

10k is a great price, its doing fine at that price.   I dont see it has to do more, advancing too far is why it has to sell off like it is now which only upsets some.   A level 10k would probably yield a wider involvement by more of the population.

We are arguably approaching a more long term average just because its in the region of a yearly average, the purple line on this chart

Yes, a five digit figure is good overall, a healthy sign that market is somewhat attracted more investors.

The 200 day is more widely watched and noted but if we're talking the price becoming neutralised over time then being level with a year average is about that.    It cant really be called negative overall here imo just people had hope for more gains at this point.

It is still within the range, So it's not really negative at all, we might be in a bullish divergence, but the problem is that almost everyone wanted to see more gains specially that halving is getting nearer by the day.

[jhonjhon]

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.

Bitcoin price may become steady for days but surely it will either go a little higher or the other way around. With all these false FUDS and also people panicking whenever the price go up lightly, we will never see a steady price even if we wanted to. Also, bitcoin price can be affected by various factor thus, the price fluctuates too much so to succeed we should be smart in dealing with our coins.

[Pamadar]

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

I don’t know about this for sure, but don’t forget that there was a time the price was at $6000 to $7000 and it remained stable and kept circling around these two prices until it managed to break through it after a long time before going for this $10,000 and falling back again.

So, I don’t think it’s capped on $10,000. The price dropped down to $8,000 and yesterday I can remember seeing the price around $8,300 and after that the price moves up to $8,600 and just now it has topped up extra $100 and is currently at $8,700 plus. It’s not going to stop there, it will still continue to increase and will keep going till it reaches a high price.

It's much better to keep the barrier at $8k to attract more new investors though the possibilities to fall harder is just around the corner. Weak holders are being played by the whales and if they can managed to create more dumped the possibilities to attract more selling pressures will take place. It's now between real supporters and those who are just trying to ride without proper knowledge. We will continue seeing fluctuations as nature from this industry still unmanageable to stick with the current position.

[justdimin]

$10k has always been the prime number for bitcoin, it is the perfect "it" number for bitcoin. Right now, we have seen probably either third or fourth time that bitcoin moved beyond $10k a bit and dropped back down and repeated that. Bitcoin can't handle over $10k because when you go beyond that it is a lot easier to just start going up like crazy, breaking over $10k is harder than breaking over $20k when you are $15k.

So, bitcoin is in its "steady" price as in the price may go up $2k more but then it may drop down $2k after that and basically stay around these prices. I see $7k to $12k is the price bitcoin will be for a looooong time, maybe it will move outside of that zone for a while at most but for the next 5 years it may stay in these prices a lot longer.

[Lecam]

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.

[Dart18]

A $1000 difference.
Use that.

You cannot just tell where it will go so you make $1000 added and subtracted into what price you want to play it with.
Example is $10k. Make yourself think that it will move $9k-11k.
Because there is just no exact amount bitcoin will stay. It will keep on moving even in 10 more years.

[mahilchii]

I think we would see more drop before it even bounce back again.
I also wish that it would be steady at 5 digit zone but I guess we are still too early for it.
We are expecting too much from halving I guess we should just wait for the outcome instead of having a high expectation that could lead to great disappointment.

I am pretty sure this halving could be a positive one in my personal opinion because we didn't saw any specific change in the market from the past two years, also if we have a look at the past two halvings I feel BTC might go up like it did previously. Well let's not hurry as you told we can just wait and see.