If you are wondering what is happening with Bitcoin now...

Yes, the coming to power in the USA of Bitcoin-friendly forces became a catalyst...

Yes, spot Bitcoin ETFs have become a simple, legal and reliable way to invest in physical Bitcoin...

Yes, something else (there are so many factors).

But this is not the main story.

The main story is that 6+ months have passed since the halving. We have repeatedly talked about the importance of this term in previous cycles.

And this means that the shock of the Bitcoin supply has accumulated. At current prices, the supply is simply not enough to meet the demand.

Therefore, it is necessary to restore the price equilibrium between supply and demand.

The only way to do this is to raise prices, which will lead to mania and a bubble in the market, but that's how everything works.

It sounds crazy, but due to the fact that the software code provides a halving every four years, Bitcoin simply has no choice but to inflate the predictable bubble once every four years. After 6+ months after the halving, the supply shock forces him to restore the balance between demand and supply.

This is an unprecedented case, since there has never been such an asset in the world, in which the creation of a new offer would be halved every 4 years.

We see how this scenario works every time after the halvings of 2020, 2016 and 2012.

And now we are going through it again...

Welcome to the post-halving bull market of 2024.