$BTC Why Bitcoin Could Keep Rising

Bitcoin has gained significant momentum lately, driven by both institutional interest and economic factors. Here are some quick stats behind why it might continue to go up:

1. Institutional Demand: Recent applications for Bitcoin ETFs, like BlackRock’s, could open a $17 trillion market to BTC.

2. Scarcity Factor: With the next halving in 2024, Bitcoin’s supply will reduce by 50%, pushing scarcity—and potentially prices—upward.

3. Inflation Hedge: With inflation at ~3.7% (U.S. CPI), many investors are turning to Bitcoin as a hedge, similar to “digital gold.”

4. Growing Adoption: Global Bitcoin adoption is rising by ~20% annually, with more businesses accepting it as payment.

If trends continue, Bitcoin could see even stronger gains.