The bitcoin price has been much less volatile than in the past. It is in a tight range of $400 to $430.
I wouldn't say price stagnation is permanent. Most likely it is only momentarily.
Prime rise is to be expected. We should now be in a phase of anticipation, some serious price movements are meant to happen before the halving.
You see already indeed that the value is rising slowly and that is nice for the people who already have Bitcoin because than they can make some nice profit maybe.
The bad thing is that you never know when it will stop rising and that is the problem of Bitcoin.