Up and down and up and down.
Yes, Bitcoin price should rise. Whether it'll fall or not before that rise, that's something I cannot tell.
Bitcoin's scarcity is meant to make its price rise. So as long as you have the patience and you get over the falls/fluctuations, you should see it rise to new highs.
Just keep in mind: should doesn't mean that it'll certainly will, make your own decisions when investing and don't invest money you don't afford to lose (or keep locked for years)