Sorry everyone, I'm late to the party. Is there a theory on why the price has been so stable?
This is the chart I've been waiting to see. To me, new highs aren't really that important, I mostly have been waiting to see the new bottom. It's provided us with this third critical data point for growth rate, which gives us a better idea of bitcoin's trajectory. I like what it shows.
How do you tell if a sudden rise is a single large buy or a coincidence of smaller buys all being executed consecutively?