The bulge will get bigger, and it will keep growing each time more water is poured in.
Pour a little more water into one of the pipes of Fig. 6.5 and the balloon at its lower end pushes out further. Repeat it a few times and the bulge increases every time. The reason is that the pressure at the bottom of the pipe depends on the height of the water standing above it: a taller column presses harder on the rubber, and the rubber stretches more.
→ pressure at the bottom of the pipe increases
→ balloon bulges more