Thanks to the quadrennial halving, the supply of Bitcoin is a constant, reliable and predictable side of the equation. The demand side has now really started to come into play.
If Bitcoin (BTC) is the unstoppable force of continuously reducing new supply to the market, retail and institutional adoption may have become an immovable object driving up demand for the largest cryptocurrency.
With the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States (the largest global equity market) — and the ETFs breaking records since their launch — the demand side (immovable object) may be in play, which could be pushed into overdrive with the upcoming Bitcoin halving.
Some things are certain in life, and some are just on a spectrum of possibilities. All the current speculation in the cryptoverse is around the vast spectrum of potential new highs or the fear of potential new lows.
