Bitcoin Halving is not a “Buy the rumour, Sell the news” Event.
It is a change in the maths on how Bitcoin works
It means fundamentally the price has to increase because miners now earn 50% less than yesterday
Now miners increase hash power to make as much as they did before
This increases Bitcoin mining difficulty making it more difficult to mine a block of Bitcoin
This increases the cost of mining so miners again have to increase hash power
It is an up only trajectory.
There is absolutely no reason we will not see +$150,000 Bitcoin in the next 12 months.
The maths says it is more than possible. It is probable.
Combine the reduction in mining supply with the ever decreasing liquidity Bitcoin has with exchange reserves ever decreasing.
We end up with a scenario called a supply squeeze.
This is when there is not enough Bitcoin being emitted into the system to accommodate all demand for Bitcoin.
When demand is outstripping supply and the network is growing at a faster and faster pace. This creates a scenario where Bitcoin will far surpass $100,000 per coin.
$500,000 Bitcoin is coming.
It is only a matter of $WEN, not if.
