I think this is accumulation stage and not a barrier price it is constant because whales want to keep on accumulating as much bitcoin they can because pump in price is quite sure after few months from this point.
or not, sometimes people just like to see this number so they try the price to be bouncing around about it though it is not good for the bitcoin
When the price of bitcoin trade around a centre point, that is a kind of price stability, I think it is good for mass adoption.