I think it's important not to get too carried away with this, because if we look at the early volatilities of Bitcoin and look at the current volatilities, there's definitely a big difference. For example, if you look at the picture below, you can see that the percentage of Bitcoin's bear bottom price dumping has been decreasing consistently in each bear season.
And the same thing is happening in the bull season when it comes to creating all-time high prices.
Does that mean that at some point in the future, bitcoin's volatilities could decrease?
I'm not saying it will become completely stable, but is there a possibility of gold-like types of volatilities?
In theory, it should. Because right now it requires a lot more money to be sold before it goes down, and it requires a lot more money to be bought before it goes up. That means the amount required ot make it be volatile is a lot more. Right now it is less volatile than before, and in the future it will be less volatile than right now. It is still more volatile than most markets, so we are not "there" yet.
Volatility will stabilise a bit more; we need some more time for that to become something that will be more stable. But at the end of the day, the path is that path, and we are going there soon enough. I think 2029 will be another bull run, and we are not going to see 300k+, for example; we may see 200k if it goes well, but that's about it. Back in the day, if I told someone the bull run would be less than x10, they would think I was mad; today we do not even expect it.