I think that could happen because the demand for bitcoin this year I think is increasing and the total supply of bitcoin is very limited and almost gone.
I do not know about what data you are looking but I see the opposite, the interest in bitcoin is going down and as such the demand is going down as well, this is normal it happens in all the markets but it seems people want that the bitcoin market is skyrocketing all the time and that is simply impossible, what we are going to see in the next weeks, months and even years is a price of bitcoin that is not going to move much.
Retail investors have been massively burned this year and are slowly moving out of the market while few people are coming in, it seems most people who just came during the last bull run have lost interest and moved on with their lives. Unless we see new people getting interested there will not be much change...unless regulations make it easier for institutional investors.