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.
None of us do but it is certainly better than dropping in price. The thing people forget about the stable price is that it was followed by a bear market, so if we did not have the stable market do you really believe we would just drop and than increase all of a sudden? No that wouldn't happen and the price would have gone down even further.
Hence I believe this stable market was needed before we got back up and increased in price again. So I kinda enjoy this prices because it means I can buy more from these prices, longer it takes the more I can hoard and the more I hoard means the more profits I will have when the price goes back up.