Here is a graph of the historical market volume.
If we compare this to the historical price, we see there is not really any causal link between them. Therefore, drawing tenuous links between is risky without evidence.
If you look closely at the graph, you will see a red and green line. The green line is a 2000 point moving mean average (the current point is last point in moving average).
The following is a graph of the ratio between the moving average and spot price difference to the moving average.
As you can see, market instability in Bitcoin has gone way down, while volume is healthy. This is great news for the long term potential and growth of Bitcoin.