Will Bitcoin remain consistent from now onward?

[Passiveearner]

We know that the price of Bitcoin has been taking unusual turns. It rose from $30,000 to $62,000. However, it again dropped and now it rose again back to 62,000. Do you think that it will now remain consistent?

 

[Niyi Briggs]

As far as bitcoin is listed as a market based asset, there is no guarantee that it's pricing would ever be consistent.

 

[grigorie888]

Without a doubt, he held on for so long, and out of nowhere, to just drop—just impossible. There is so much money in Bitcoin that I don't think it will

 

[eldavis]

That's what makes Bitcoin Bitcoin. I don't think there will be any consistent moving up or down.

 

[Min George]

You should always be expecting bitcoin to keep moving on a daily basis, if not even hourly or per minutes.

 

[Rubz]

I don't know for sure if bitcoin will remain consistent from now on. One thing with crypto currency is the fact that there are so unpredictable. One can't predict when the price would rise or fall.

 

[nomad]

If you understand how crypto function, you will know crypto coins like Bitcoin will never have a consistent price, rise and fall is the charaster of cryptocurrencies

 

[Kosi G]

As far as the whales are still in the market, bitcoin would always keep moving up and down.

 

[Passiveearner]

The price of cryptocurrencies like Bitcoin was quite low a few months ago. But now the price has increased. This shows that bitcoins seems to be consistent as of now apparently, as price increased back to $63,000. Regardless of that, the value can go down.

That's what makes Bitcoin Bitcoin. I don't think there will be any consistent moving up or down.

 

[Ratine]

Actually the bitcoin is progressing up so well so to speak and that is an added advantage to the cryptocurrency enthusiants.

 

[Stardom22]

The answer should be No. That is because the cryocurrency is very volatile and anything can really happen

 

[Ratine]

It's the hopes of many cryptocurrency enthusiants for the bitcoin to raise in prices for profitable investment.

 

[Etini Willie]

If bitcoin is stable, it would just lose attraction as an investment tool because that volatility makes it functional to be in an investment market.

 

[Fidelia]

Bitcoin and other crypto would always have upwards and downward movements. It has been so for every market.

 

[Kera]

Bitcoin didn't stay constant and that is why it has gone up to the price that it has gone up to now.

 

[Passiveearner]

Bitcoin will never remain consistent. Many people may not notice this, but price of Bitcoin changes every minute. Small fluctuations and surge in price of Bitcoin happens all the time and scalpers know this very well.

If bitcoin is stable, it would just lose attraction as an investment tool because that volatility makes it functional to be in an investment market.

 

[riberet19]

I don't think Bitcoin can remain consistent at least in this decade, it is still very volatile despite the increases in price, I think it still has to have stability in general.