There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
I think it is because for the last several months the price of bitcoin remained stuck between $6000 and $7000. No dip and no increase. The price fluctuates between $6200 and $6800. Therefore I can say that $6000 is the bottom price for bitcoin. The price is almost stable and the investors are not making any profit for long time. This situation will remain for some more time.