It will continue to pump and dump due to the number of whales in the market and newbies that don't know how to hodl

If people woulc simply stay calm then we would have a stable rise like gold. However, people go mad during the bull runs and then run for the hills when it dumps, hence the volatility in the market
As of now the bitcoin price is rarely dumping but its is normal situations. Because bitcoin is a digital money currencies which implies all over the world. The price of bitcoin is not stable. its unpredictable sometimes dumping and sometimes pumping. So their is a rollback of the price of the bitcoin. So if we are invest our money her in bitcoin theirs nothing to worried about the price volatility.
Pump and dump is normal in bitcoin price and it will be forever like that if bitcoin not controlled by any government. As people wish, bitcoin is better become independent where people can not control it and of course the consequence is the price would be always volatile.