First of all, the volatility of bitcoin will depend on those who keep bitcoin in their wallets. If a big whale holds Bitcoin only in order to immediately sell and earn it when the maximum is reached, then the volatility of Bitcoin will also persist, but if the Bitcoin keepers want to have a stable asset with a high value, then this will not happen.
There's no need to use the word "if" because whales rea really selling when they sees profit, they buy at dip and sell at peak, sometimes they even sell even at 5% or 10% profit, because with big holdings, they'll make a decent profit already.
That's is also the reason why when bitcoin's price decline the market of it continues to decline even further as majority of whales are starting to sell most of holding to prevent the chance of losing potential income. Anyway a single whale cannot change the price of bitcoin unless they hold too much of it.
If I am correct these whales also have some kind of group chat where they can talk and discuss on where and when to invest and also the time to sell their cryptos which could impact the price of bitcoin once they decided to sell.
Bitcoin is volatile in nature and the increase in price now does not dispute this fact. The price increase is here to stay
Price increases will come in time and decline will come back for me for the next few months. So be careful to hold onto what you have for too long
It is inevitable for the price of bitcoin to decline after this bullish run and we can expect a massive dip on the price of bitcoin afterwards which can only take a day or two to happen.
Bitcoin's current price will not stay as it is for now but we may be able to see this price range on the near future after next halving.