Re: We're experiencing the least volatile Bitcoin bull market ever.
⭐ Merited by d5000 (1)
I've searched that image on Google to know a bit more about this volatility measure but I've not found it. Is it yearly volatility perhaps? If you have the source I'd be grateful 
The Bitbo index takes the standard deviation of the last 30 days and thus is much lower (roughly 1-3% with decreasing trend).
BTW I agree with your conclusion. In addition, there is increased liquidity (measured in purchasing power, not BTC), and weak hands are probably not that dominant as before, as they have been constantly "proven wrong" if they sold at or near the bottom of the cycles.
There is one more thing you need to consider. The higher we go, the lesser the volatility could happen. So going from 1 dollar to 2 dollars was easy because it required maybe ten grand? Or even if a million dollars, that's still low. Compared to going from 100k to 200k, which would require hundreds of billions of dollars. Same 100% increase, and yet it requires so much more money going into bitcoin for it to happen.The Bitbo index takes the standard deviation of the last 30 days and thus is much lower (roughly 1-3% with decreasing trend).
BTW I agree with your conclusion. In addition, there is increased liquidity (measured in purchasing power, not BTC), and weak hands are probably not that dominant as before, as they have been constantly "proven wrong" if they sold at or near the bottom of the cycles.
This means volatility will keep on dropping, it won't survive that long. We have to realize if we want volatility, we have to prefer altcoins because that can actually give you some volatility, those are still low in numbers and marketcap so a few million dollars going into it could still double many of the altcoins.