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?.
Wouldn't stay stabilizing, but it's fluctuating a lot less than it used to be. The past few months it's been mostly stable between $8.000-$10.000. It's not necessarily bad though, it's a lot safer to trade currently, every occurred dip only required 1-2 days for a price recover.
Moreover, I've been observing the price for the past few days, it seems it's been stable at $8.500-8.800.