Since last couple of weeks we can see that the bitcoin price is going up and going down.
Is there any possibility of become the stable price of the bitcoin ?
The only viable sort of stability that we can ask for, is stability within a certain range. It's not that we'll be seeing the market hover very closely around the $11,000 level for example. It will be a range that from top to bottom has a 10% spread on average. If we manage to keep the stability within said range for days, it's basically a very easy money making opportunity due to how repetitive the movents will be. It's all we can ask for with how trigger easy the current market is - everyone is ready to either dump or start buying based on the flow of the market.
Bitcoin or any other crypto currency can never have the stable value because the price is calculated in terms of demand and supply so when there is a change in the demand the price will change.
Every market can become stable. It highly depends on who the players are holding the majority of the circulating coin/stock supply, and what their intentions are. Bitcoin, if ever the majority of the circulating coin supply ends up in the pockets of institutions, they will be able to control the flow of the market without any problems. If you also take into consideration that the market at that point has stock-like security measures in place, it will be even easier. It's just a matter of time for current exchanges to implement the same security measures. Regulations will make it happens if exchanges themselves won't be doing it out of free will.