Bitcoin exchange-traded funds (ETFs) have reportedly stabilized Bitcoin's market, leading analysts to suggest that the era of extreme volatility, characterized by parabolic bull markets and devastating bear markets, is over. Blockware BTC analyst Mitchell Askew highlighted significant reductions in price volatility since the introduction of Bitcoin ETFs in January 2024. He projected that BTC could reach $1 million over the next decade through consistent price movements between 'pump' and 'consolidate,' implying a more predictable market behavior that may deter speculative investors. Furthermore, senior Bloomberg ETF analyst Eric Balchunas noted that the decreased volatility could attract larger institutional players, enhancing Bitcoin's potential for mainstream currency adoption. While this new phase may reduce thrilling price surges, such as the infamous 'God Candles,' it indicates a shift in market dynamics as traditional finance becomes increasingly intertwined with digital asset markets.

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