Re: This is most likely the reason why Bitcoin has been less volatile lately
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 
Good luck to your short position, but be prepared to cover in my opinion. Weak hands have left, the strong hands are HODLING. The whalecumulators can't manipulate the players of the current market.
Right weak handed persons are getting panic easier when they see some little downside in one moment but I am still positive in my position that we will see something great when 2021 came and I believe by that time we will shoot up since I think the crisis will done together with the effect of the halving will take placed. And for sure whales are now taking their positions for long term purposes at this time.