Is Bitcoin price stability really necessary? If someone were to ask me this question in the context of Bitcoin, I would say that the beauty of accumulation and holding Bitcoin is its volatile value. You may disagree with me and want to compare it to other investments, but I consider Bitcoin investment differently and a store of value as one likes to think of it.
You are confused and you also misunderstood about value. Value is solid but price is volatile, or can say proce is considerable more volatile than value.
Do you think value of Bitcoin loses in a bear market like 80% less when price was already 80% down from its all time high since a bull market. My answer is value does not lose 80% like price and another concerning thing to correct you is. Investors care about value that keeps their capital safely with time, fud in the market but they expect value growth will result in more demand and high volatility in a bull run. Volatility in bull run with new people join and new capital in as well as fomo effects can lift price skyrocketing to the moon.