I guess the reason why bitcoin has a stable price is because miners are mining sometimes or even stop mining at all. The supply of coins freeze and the price would definitely freeze to. Correct me if im wrong but i really believe mining and the price are linked. If one stop moving then the other one will follow.
The price of Bitcoin is not stable and its not related to miners. Are you saying that the miners stop mining when the price is at $19,800 before and now many of them are mining because the price is just $6,000? Prices of the commodities will always depend of supply and demand including Bitcoin which is the real demand for now is low.
Would rather agree unto this since at the moment we can see that their are several upper trend and sudden low trend, and by this I cannot call it stable since at that state, But I also think on when does the huge demand will came "IF THAT ONE WOULD REALLY CAME" since many people still thinking about the bull run to come.
To add up an idea about that mate, this situation we encountered right now on its stable price had been manipulated by some group of traders. Their buy and selling of crypto is one of their ways on how to create attractions from other new comers. Sadly it's not bringing good effect to us, because it will pull down market value and yet more will be dumping coins if this continues to happen as well.