Its true that the market seems less chaotic compared to the wild pump-and-dump days, but saying Bitcoin is now stable might be pushing it. Recent Bitcoin ETF inflows, especially BlackRocks spot ETF, saw $184 million pumped into the market just last month, so theres still volatility, but more institutional players are now driving it. While that brings some maturity, Bitcoins price swings are still significant, though less extreme than before. So, boring? Maybe not, but more controlled compared to past years.
I agree that it is not stable at all, people think that it's stable but it's long ways away from stable in the end. We are seeing ups and downs, yes it is not pump and dumps, it's ups and downs which is brilliant and I hope that this continues, but it is still volatile. Lets all remember what the low is for 2024 and what the high is for 2024, you will see that there is a major movement going on, and we also had all time high happen this year, and also went under 50k after that as well.
So it's clear that we are going to see a ton of problems on the long run, we need to consider that we are going to make some profits using this current volatility as well. When there is volatility, that means price will go down and up around similar times, so we can use it to buy when it goes down, and sell when it goes up, that is all trading is about. Trading is also great when something is volatile, it is not that good when it is stable, so bitcoin is not stable right now at all.
