In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up
supply remains the same, does not increase, supply is cut only for miners.
Your logic is correct but the conditions in the market are very different from what you say.
"supply cut only for miners" that true , but the fact , if supply is cut , its mean bitcoin added to circulating supply is also getting cut.
did u think all of miners in the world never sell their btc , and keep it for long time ?
theoricaly , bitcoin added to circulating supply is got cutting half, even if demand is low the price should be incrased , since the cost of electrity is totally huge, or miners will shut down their operation and hashrate getting low, of course , when hashrate low, price also going low(i am sure it will be happened to miners except from china)
so far i know , For many years, China has consistently been a major market for bitcoin miners due to its cheap electricity and affordable resources.
in this cases , i just have speculation , china will take more control after halving.