You're exactly correct. BTC is very volatile now. All cryptocurrencies are. This is because the markets for them are small, relative to currencies with more market share.

This is a reason that people are creating cryptocurrencies that are priced in gold, or other goods.

Something that is going to change is the stability of the dollar. The world has been using dollars to price goods in the global markets, and if you wanted to buy oil, you had to pay for it in dollars. This petrodollar is coming to an end. The BRICS, particularly, and Venezuela and Saudi Arabia even, are beginning to trade oil for gold backed Yuan, and all those dollars that Venezuela and Iran, etc., used to be collecting for the oil they sold are now no longer needed by the countries that had to have them to buy oil.

These dollars are going to be coming back to the US, and enter our markets here. This will cause inflation to soar. Making it worse is that during the post 9/11 era, Bush and Obama quintupled the supply of dollars in the world. Programs like TARP, and the various bailouts, dumped huge sums of dollars into the accounts of the megawealthy, and these dollars have been kept out of the economy, just adding zeroes to the balances of the rich.

But inflation will eat their wealth if they keep it in dollars, as inflation makes a currency worth less, have less value. They're going to dump their dollars too, into the stock market, real estate, wages, wherever they can exchange them for goods or services, or other currencies.

This will cause our domestic markets to have to absorb 5 times as much units of currency as it presently holds.

Basically, prices are going up 500%, over the foreseeable future. The rate of dedollarization is going to drive the inflation we experience, but I think it's going to be horrible within a year. Stocks and real estate are already bouncing off highs, so it's already begun.

This is going to affect farmers selling melons very quickly. If you buy 4000 melons for $4k, and the farmers costs are going up at 20% per month, he's going to quickly lose his farm, so he's going to charge $6k for the melons, and hope he can pay off his creditors before they raise their prices.

BTC will be immune to this problem with dollars, and I believe the prices of silver and gold are being kept low in order to drive people to BTC, rather than metals, to hedge against inflation. This will drive millions of people to use BTC, and other cryptocurrencies in the next year, I think, and that will help to stabilize BTC - rather to make each coin much more valuable relative to fiat, particularly dollars.

I do not invest. I am a carpenter. Do not take my advice and invest your money. Do research about any of the issues I raised by googling for answers regarding them, and then decide after you have done due diligence how you intend to invest. These are just my opinions regarding what is happening, and how it relates to BTC volatility.

Hope this helps you understand better.