Volatility is shown in the sudden drops, but also sudden rises. But now one is worried when the price is hitting the rooftop. The current drop correlates with the movement that BTC had in the past, so no big surprise there. It is scary when we don't know when will the drop stop.
The main thing is that we know that sooner or later the fall will stop and the market will start to grow. Perhaps we will not see such sharp jumps as last year, but the fact that the price will go up is unambiguous. Bitcoin has always had volatility and it is time to get used to it.