Do you think that it is just a coincidence?

in hive-103599 β€’Β  last yearΒ  (edited)

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Look at these ATL(All Time Low) prices of Bitcoin(BTC).

$2 πŸ‘‰ $152 πŸ‘‰ $3,129 πŸ‘‰ $15,632

Do you think that it is just a coincidence? I don't think so. It's impossible to last the prices increasing for more than 10 years with a coincidence.

ATLs have increased around every 4 years. It's related to the BTC halvings. BTC halvings triggered the low liquidity of BTC on exchanges. Over time, people in globe have been getting interested in BTC, which means the demeand of BTC has increased.

Take into account that the supply of BTC has been decreasing, and the demand of BTC has been increasing. What do you think what will it happen after a few years? Isn't it a rational deduction?

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I believe the next bitcoin halving will play a huge role for the next bull run, the lesser the number of btc in circulation, the higher the demand which will simultaneously increases the value.

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Hi.......happycapital.......Bitcoin will be the future of next generation......

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Upvoted! Thank you for supporting witness @jswit.

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