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Obviously yes, otherwise bitcoin has no more purpose, the volatility is the only reason why bitcoin is so famous.

Otherwise, people would go back to the stock market

Yeah that's the main characteristic that must be possessed by Bitcoin, the price volatility of Bitcoin is also very good as someone's trading job because traders can benefit from price volatility. I think the price of Bitcoin will always be volatile.

before the bitcoin market capitalization became large, Bitcoin will continue to experience the great volatility that it is today, many people like it but some also hate it because the capital of traders and investors loses because of that great risk

I am one of those who love bitcoin volatility because with it we can buy at a cheap price and sell at high. If bitcoin was not volatile it would remain at the same price so there must be no profit for investing. Right now the price is quite low but still its moving and I am sure one day it will be more than double and give us a lot of profit so we should keep patience.

Well bitcoin's initial purpose was to be make actual transactions faster and easier. Of course volatility will always be there as even fiat currencies move up and down in value. What may very well happen is for the volatility to recede and be a little more stable. Perhaps by that time, bitcoin will start to be seen as something that you can spend for your daily needs instead of just a store of value.

I doubt it will ever be "stable". And by stable I mean not moving up or down. Stability is actually relative. If you can find the most stable thing in the world and pair it with USD, you will end up calling USD too volatile.
The most important thing is to have Bitcoin moving in a healthy way, and not extreme movements.
Besides, As long as Bitcoin is deflationary/scarce/limited in supply, it will keep going up than down. This should happen naturally else there would be longterm problems.

It can be a good store of value. We will always have people who would like to save their coin as long as they can. If they don't see Bitcoin as a good store of value, they will look for something else. Maybe GOLD or another coin that is a good SoV?