it's true because every second, minute and hour bitcoin prices are always up and down continuously. and to predict its value is also very difficult. so it's hard to bitcoin in say stable
Its volatile because of the supply distribution. There were only few people who holds large volume of it, those whales are the one who easily manipulating the value. Whenever the whales decide to change the vakue they can, and this what really makes it volatile. Demand woukd be the second reason, whales also depends their action on how people use bitcoin. It will only be stable once tge whales release their coin.