I think bitcoin can not be discounted is unpredictable. No one can predict the future of btc. In the past its value has been very stable and continuously increasing in recent times it is decreasing because btc has attracted a large amount of dollars like ero or. Btc tends to decrease.
For me bitcoin price actually is volatile it is desired as unstable price. We could not predict it until what price will drop as long there is demand of bitcoin that it will stands firm. Bitcoin definitely wont drop instantly because of many invested in it and I believe it will continously increasing.
Your first statement contradicts your last statement. You said that bitcoin price is volatile while you stated on the last part of your past that Bitcoin price will not drop instantly which is far from the meaning of being volatile. Bitcoin price surge in an instant and there is a high possibility to the opposite result will occur any moment.