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.
The only thought looming in my mind which I see here is that when BTC had been beginning to be accepted last year, it was then it has crashed when businesses begin pulling out BTC as an accepted payment method, why did they just pulled out now? Did they actually hodl it by themselves that they think that they can profit from its price appreciation instead of converting it to fiat currency right away? Now that BTC has crashed they are also are experiencing a loss from both their business as well as their attempted trade. This is one of the possibilities I have in mind on their reasons why a lot of them pulled out from BTC.