Ethereum's Vitalik Buterin Says He Knew That Bull Market Would End

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In a recent interview with Noah Smith, Ethereum’s Vitalik Buterin claims that he knew that the cryptocurrency bull market would eventually come to an end.


Many people thought that high prices were the “new normal,” but Buterin knew that the bubble would pop.     

Buterin claims that the previous bull market was overextended since it lasted for roughly a year and a half. He noted that crypto bubbles typically last for up to nine months.

At the same time, the Canadian programmer has dismissed the severity of the most recent price correction, chalking it up to cyclical dynamics. Low crypto prices are not indicative of any fundamental flaws within the cryptocurrency market, according to Buterin.
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