The halving is near, and as many of us know, it will slow the amount of coins "minted" each time the miners find a block. I understand the basic of supply and demand, and I also know that the lesser the supply is, the higher the price. But what if there is a less supply but also less demand on the other side? Would the price still be high as expected? Or will it be low because apparently there are no buyers on the other side of the market?
Confused here. Please help.
Confused here. Please help.
I somehow think that regulations and the stance of governments towards bitcoin will play a huge role here. In my eyes governments of china and usa are still waiting for btc to reach bigger adoption and price and then they will seize big amount of
But then again - increase from where? Probably from the price near to halving and we dont know what it would be.
