The market movement is basically driven by supply and demand. So even after more than a decade in the market, still we are experiencing the volatility of its price. Stabilizing its value is I believe, still far from horizon. Even crypto experts can just speculate its value, and very rare that they can get it precise market price.

Actually, Bitcoin is not a new thing, this has been existing more than 10 years. But yeah, it may be new to some people.
Can Bitcoin stabilize?
Bitcoin is not a stable coin.
Moreover, this is decentralized, the price will really depend on the market at that time, sometimes influenced by issues surrounding both FUD that can make Bitcoin price falls or even good issues that can make the price increase.
And no one can rule Bitcoin 9although sometimes the whale manipulation is really real), but it doesn't mean that they can control Bitcoin to be stable.
The market can go up and down very easily in the market.
And yeah, as you said, even this doesn't have any physical form, this has big value. Because this has been trusted for years and many people have been proving how worthy this Bitcoin is. And of course, this is because it is trusted

Talking about stability or trying to make it similar to fiat then its really totally different story and volatility is one of the most common characteristics on why bitcoin had been loved soo much specially by those investors.

If you dont like volatility then this investment or market wont really be just for you and better stick with fiat or other stabilized currencies out there. If you do like to dive in into this market then deal with the volatility.

Take advantage of it and you would really be making off your profits but of course there would always be some accompanied risk behind.

The price is Bitcoin is entirely controlled by supply and demand. However, since it's such a new asset, it's still moving towards a fair market capitalization.

People disagree on what its fair value should be, hence why some people want to sell it at a certain price, while others want to buy it.

This causes a fluctation in the chart, as the bulls and the bears battle it out for all eternity. I imagine Bitcoin's volatility will start to decrease as it becomes used by the vast majority of people.

Hi, welcome, I think you have volatility from Topics 14 out of 15. I don't know if it's a record for an account opening, most likely not, but 14 topics in 24 hours and 13 in 7 hours, are they enough or not? . There are things that are in judgment depending on the eyes of the one who looks at it, and there is a trend or a matrix to believe that the volatility of bitcoin is harmful.

So the volatility for bitcoin is bad (!?) If bitcoin has had something, it is that its price climbs to the highest (sometimes ATH) but it also has wonderful downzing, in terms of being stable today it has had a quiet day it started at $ 44k and is at $ 47k a (+/-) 6%, a percentage unit is not that much, is it?