Bitcoin’s Growth May Be Slowing, But Its Long-Term Strength Remains, Says Alphractal
Despite signs that Bitcoin’s growth rate is slowing, analysts at Alphractal suggest that its long-term strength remains firmly intact. Their latest insights indicate that while the dramatic price surges seen in earlier years may be less intense now, this evolution points to a maturing market rather than a weakening asset.
Historically, Bitcoin has seen its price peak at multiples far above its two-year moving average (2Y SMA). In its early bull runs, Bitcoin reached up to 15 times the 2Y SMA. This multiple dropped to around 10 in 2017, then to 5 in 2021, and most recently to approximately 2.65. According to Alphractal, this consistent decline reflects a transition from high-risk speculative behavior to more stable, long-term investment patterns.
Alphractal analysts estimate that, based on the current trend, a Bitcoin price around $159,000—roughly 2.65 times its 2Y SMA—could be a potential ceiling in the near term if bullish momentum returns. However, rather than seeing reduced volatility as a negative, the firm views it as a sign that Bitcoin is becoming a more predictable and trusted store of value.
The firm emphasizes that every cycle continues to demonstrate Bitcoin's resilience and structural strength. While the peaks may be lower, the foundational support has become stronger, driven by broader adoption, institutional interest, and increasing regulatory clarity in many regions.
In conclusion, Bitcoin may no longer be the wild frontier it once was—but its steady march toward long-term credibility and value storage remains as powerful as ever. According to Alphractal, this shift may be exactly what’s needed to propel Bitcoin into its next phase of global financial relevance.