I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.
And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.
i think this is the characteristic of this digital currency a not stable due to unpredictable market as the price can swing anytime. Maybe in the future if the circulating supply has been spread to millions of holders around the world then this will not easily dumps or pumps with those whales.
Stability in price will appear with the passage of time as said by analysts till the market for Bitcoin comes to its stronger position. Another thing we hear is volatility which will also reduce if the number of participants in the market increases and vice versa. Right now the price of Bitcoin is around 6300 US dollar which is still a low market so one can take benefit by buying right now.