It is evident that as the price of BTC rises higher, more institutions are buying in, while the volatility is actually decreasing.
In the past, it was common to see daily fluctuations of 10% or more, and extreme market conditions like those on 3/12 and 5/19 were not uncommon.
Now, the $BTC fluctuates within a range of only 3-5% for ten days to half a month.
Digital gold, without a doubt!