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?.
Fluctuation is the innate nature of a currency. So stability is quite uncommon in the price of a currency. Yet sometimes we see price of some currencies are stagnant over a period of time. Price of bitcoin is not fluctuating that much recently. But we can not claim it permanent. Tomorrow even today it's price can increase significantly or drop down drastically. We can simply say that bitcoin is going thriugh some bearish period.