The post The Era of Bitcoin Boredom Is Here, And That’s Exactly the Point appeared on BitcoinEthereumNews.com.

Remember the adrenaline-pumping days of Bitcoin’s wild rides, those 10x moon shots followed by gut-wrenching 80% crashes? According to Blockware’s Mitchell Askew, those rollercoaster days are gone. Replaced not with fireworks, but with something far more Wall Street: ETFs and… stability. Yep, thanks to the emergence of U.S. regulated Bitcoin exchange-traded funds (ETFs), the Bitcoin market is becoming, dare we say, predictable. Askew summed it up bluntly: “The days of parabolic bull markets and devastating bear markets are over.” Instead, he predicts BTC will now chug along on a slow grind toward $1 million, powered by a cycle of pumps and consolidations so steady it’ll bore retail tourists right out of their trades. BTC is going to $1,000,000 over the next 10 years through a consistent oscillation between “pump” and “consolidate”, source: X Askew even backed it up with charts showing a sharp drop in volatility since the U.S. greenlit spot Bitcoin ETFs back in January 2024. Think fewer face-melting rallies, fewer catastrophic crashes, and a whole lot more sideways boredom. Welcome to the TradFi-ification of Bitcoin What’s really happening is Bitcoin is getting domesticated. Once the wild stallion of financial assets, it’s now being saddled by BlackRock, Fidelity, and a roster of TradFi big dogs who’ve figured out how to make Bitcoin palatable to pension funds, sovereign wealth funds, and soccer dads. Bloomberg ETF guru Eric Balchunas agrees. In his view, less volatility is a feature, not a bug. “It helps Bitcoin attract even bigger fish,” he said, adding that it gives BTC a “fighting chance to be adopted as currency.” But there’s a catch: the cost of maturity might be the death of the so-called “God Candle”, those one-day, vertical green spikes that used to blow minds and melt faces. Bitcoin continues to consolidate under $120,000, Source: Bitcoin…

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Filed under: News - @ July 27, 2025 3:11 am