I think part of what made bitcoin volatility high were the unknown factors. No one could predict how bitcoin's price would respond in the event of a fork. What effect would SEC verdicts on bitcoin ETF's have? There were many unknown variables which caused its price to fluctuate wildly.

As time goes on and variables relating to bitcoin price become greater quantified, we will likely see reduced volatility. Forks won't have as large of an influence on price. SEC announcements and other news which we've seen before will have less of an effect.

With higher bitcoin prices, it could be a good practice to look at percentage shifts rather than quantity of dollars or other btc might be exchanged for. While the dollar amount of price shifts increases as bitcoin's price rises higher, the percentage rates of price shifts appears to be stabilising. Bitcoin is becoming less volatile over time, in terms of percentage shifts, as it becomes a more known phenomena and things like forks are better known and understood with a prior historical precedent.