The theory that the price of BitcoinBitcoin1$ 97,615.380.18%-6.01%-15.89%details will “stabilize” at some point in the future is very common. But it’s wrong. Bitcoin’s price curve will have the shape of a “J” rather than an “S”.
Knut’s books: amazon.com/Knut-Svanholm/e/B087WQ4H28
Guy’s podcast: bitcoinaudible.com