Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.
This is not the time of the bitcoin price to be stabilized, because the volume of the bitcoin is yet not complete and still around four million bitcoins are out of the market. The stability will be done when all of these 21 million will be available in the market and the demand of the bitcoin will get stable which is not yet possible and ideally it needs another 5 years of time, so this is not the point to be worried.