Well bitcoin is so volatile because we can not control the demand of it for the people if they want to invest more on bitcoin then its market price will go high. Yet there could be some fluctuation like what happen as of this moment where market price could not go high. What could be the real reason for this because this is not already a huge whale doing day traders or the pool of investors doing day trading. There could be more reason behind why market price could not go high.
That are all the factors maybe that make bitcoins volatility, so we can see that the price value of bitcoin is changing always from time to time , because of this volatility , that is why you must be keen on monitoring the market for the sudden change of market value.