Pre-halving BTC price action suggests future explosive coin rallies are long gone

A seasoned crypto trader exploded a bomb, claiming that days of explosive coin rallies like 2017 or 2021 are long gone.

A seasoned crypto trader has exploded a bomb, claiming that days of explosive coin rallies like 2017 or 2021 are long gone. The trader took to X, formerly known as Twitter, to share his perspective.

Crypto Trader Doesn’t See 2017/2021 Alts Zoom Again

“I think for *alts*, we will never see a run like 2017 / 2021 again. But I also said that previous to this run. The space is just way too big now, with hundreds of millions of people where as there we really did start at 0 for defi and in 2017 all alts combined were 13B. We just started at such a high floor,” the trader said.

What he means to say is that for one coin to rally stupendously is not possible since the ecosystem is too big. Also, the market is maturing and to expect unrealistic growths might not be viable expectations to keep.

“I also believe the next bubble won’t even be in crypto, it’s likely going to be in Robotics/AI. 50% of the global GDP is labor, a 50T annual market as Kang pointed out. A 10 multiple on GDP gets us to 500T which is around where the last major bubble peaked in terms of total market cap for stocks.”

However, what he meant to say was that the market is maturing and to expect הזכויות to grow at a rate of 10x in a year might not be a viable expectation to keep.

Another Expert Weighs In On Bitcoin Price Growth

Pierre Rochard Of Riot Platforms shared his opinion on X, saying, “Historically, halvings dramatically reduced bitcoin’s new supply and sparked parabolic price increases. However, with each halving, the relative reduction in freshly minted bitcoin decreases. As a result, we’re seeing a more gradual price growth that aligns with underlying demand, rather than the sharp run-up and crashes of the past. We’re looking at a longer, more tempered cycle.”

Such an environment will better reflect organic adoption, as institutional and retail buyers adopt bitcoin on balance sheet. It will also encourage the development of bitcoin businesses and infrastructure, leading to a deeper and more balanced ecosystem.

The New Bitcoin Bull MarketThis bitcoin bull market is different from previous cycles.

Historically, halvings dramatically reduced bitcoin’s new supply and sparked parabolic price increases. However, with each halving, the relative reduction in freshly minted bitcoin decreased. As a result, we’re seeing a more gradual price growth that aligns with underlying demand, rather than the sharp run-up and crashes of the past. We’re looking at a longer, more tempered cycle. Such an environment will better reflect organic adoption, as institutional and retail buyers adopt bitcoin on balance sheet and encourage the development of bitcoin businesses and infrastructure, leading to a deeper and more balanced ecosystem.

Both of these experts are saying that the market might not react as dramatically as it did before. However, there would be a more detailed adoption as the regulatory landscape is revamped. Hence, the growth would still be there but at a controlled pace.