Bro. what makes you think that impact of this time's halving will be smaller?
Precisely because almost all of the supply has already been extracted by mining and is available to the market, from then on it is the market that dictates the price, therefore, the more time passes, the less volatile it will be.
I disagree, as long as the supply in bitcoin market are not clogging meaning, if bitcoins are being circulated in the market afe getting more higher then that's the time when bitcoin price will lessen, its like supply and demand, as long as many investors are buying bitcoin the halving effect will take place, as we know halving season is coming and because of that many investors are stocking their bitcoin holdings and as the demand rise up expect the result of price bitcoin being sky rocked that how I bull run is, its not the market who does the bull run, its us investors who make the effect and movement in the market, so I don't think thie year or the time bull run comes I don't the effect will be little. Maybe not just like the other bull run, because bitcoin is already at a high price, but still, the impact of the bull run will be shocking.