I believe this is the sixth time that Bitcoin has skyrocketed, and then dropped like a rock. Every-time this happened, the current trough in the price graph has always been several times higher than the previous trough. During the last trough, which lasted from late 2014 through early 2017, Bitcoin went below $300. Now it has not gone below $5,000 as yet, but it is expected to (or maybe not). However, at some point it is going to rise again, to maybe $400,000 or beyond, and then drop once more. It is very volatile because demand for it is volatile, while its quantity does not change by much.