My personal belief is that Bitcoin will never stop breaking its own all time hign of it still has not broken Gold's market value.
The market cap of gold is about 19 trillion while the market cap of Bitcoin is about 1.9 trillion which means the market cap of gold is 10x higher than that of bitcoin which is to show that bitcoin still has a long way to go, so i wonder why anyone will say that it's too late to buy bitcoin,
so inasmuch as bitcoin has not yet surpassed the market cap of gold and has not been adopted globally and the supply of 21 million bitcoins has not been fully mined, it is never too late to buy bitcoin IMO.
The stability of Bitcoin that we are enjoying today is as a result of the a global adoption , individuals are buying, cooperates bodies are also investing as well as institutions and countries, they are all in the light of a global adoption, it is wrong to say that Bitcoin has not been adopted globally
Bitcoin is not a stable asset but volatile and that's what is keeping investors and traders in the market. The volatile nature of bitcoin is why we are seeing the price where it is today. Assuming bitcoin price is stable, it's no longer going to bring in new investors to adopt it. Bitcoin has adopted globally, but the percentage of people into bitcoin is like 2% compared to the world population.
I agree with you and would like to say that if Bitcoin remains stable in one place, that is, it neither decreases nor increases, then Bitcoin traders and Bitcoin traders will lose interest in it. Because traders will not get dividends from it.
Again, if new investors buy more Bitcoin, then the price of Bitcoin will increase, and if many people sell at once, then the price of Bitcoin will decrease. If Bitcoin is not unstable, then its new investors will not be attracted. In that case, Bitcoin will lose its momentum.