This is most likely the reason why Bitcoin has been less volatile lately
This is Bitcoin chart since 2017:
I have not spent time yet to check with the different Fibonacci levels, but we could very well be in a ABCDE Elliott wave (of this kind):
It means we will slowly correct to 6k area. I am still holding my short position. I can't be sure this is a ABCDE pattern, I still see 3k as possible, anyway 2022-2023 should be very good for the bulls
I might even lose my bet in 2021 
Some reading:
https://www.24elliottwaves.com/abcde-correction
I have not spent time yet to check with the different Fibonacci levels, but we could very well be in a ABCDE Elliott wave (of this kind):
It means we will slowly correct to 6k area. I am still holding my short position. I can't be sure this is a ABCDE pattern, I still see 3k as possible, anyway 2022-2023 should be very good for the bulls
I might even lose my bet in 2021 Some reading:
https://www.24elliottwaves.com/abcde-correction