The next crypto bull market, if there is one, might be seriously muted compared to priors. Ex. bitcoin/eth/etc may not surpass their ATH.
Prior bull markets went 38x (2011 vs 2013), 18x (2017 vs 2013) and 3.5x (2021 vs 2017).  Comparing the peaks.

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https://www.youtube.com/watch?v=ou9i-zfZVvk