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 is built upon deflationary model. This will prevent bitcoin from being stable at a particular price. Because if the retailers start increasingly accepting Bitcoin as a means of payment, the demand will automatically rise which in turn will raise the price. Yes, with time volatility could decrease but price won't be stable for sure. Regarding present trend, market is moving sideways which is the most boring part of any market.