No one knows the future so any answer would be a prediction of the possibility. I believe that Bitcoin needs upgradation to deal with high transaction fees and confirmation time. Bitcoin has a tremendous potential to acquire the huge micro transactions market but in order to do that, the fee must be less than $0.01 and confirmation time should be less than 10 seconds. If we could somehow reach this target then I do see huge potential for the growth otherwise Bitcoin would remain as a player of international funds remittance industry.
I don't think so. If you are familiar with a share market then you could have been experienced such type of happening. I think every money markets have this type of ups and downs. Bitcoin is also a money, You also should consider that Bitcoin and cryptocurrency world is barely a new platform so that it requires a lot of time to be stable regarding the price value.
That's why I also agree with you on this issue. But it's also true that no one knows what's going on and what will be the future of this platform.