Bitcoin, an uncomfortable truth:
What asset does not depend on its demand?
With 4 halvings in the history of bitcoin and showing a price increase after each of these scheduled events, various analysts and investors predict an exponential price increase, due to the reduction in the rate of increase in the supply of bitcoin after the 5th halving, happened on April 20, 2024.
This analogy is a very simplistic view of asset pricing. We could determine that if coffee production is reduced by half, consumption remains constant, and its distributors are unable to supply all of their orders, the price of coffee will rise, since it is a consumable good, unlike bitcoin.
Bitcoin has been mined for 93% of its entirety, the supply in circulation will not be very different from the current one. The responsibility for its price falls on its plaintiffs. Many benefits can be highlighted when choosing bitcoin as a store of value, but this value will always be tied to your common choice.
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