For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.
Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.
You just have to trust the process.
I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable
What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption.
Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable.
Yeah supply and demand is certainly is the factors of price movement, and the results of traders movement's, but usually when the big whales will create a big splash of the prices, if you are trader you should also have a sense lf predictions and know to analyze the price trail.