Skybridge capital founder(Anthony Scaramuc) predicts Bitcoin to hit another ATH of $100k before the end of the year
His words in quote were
"I do think we see $100,000 in this coin before year-end … It’s just a supply and demand situation. You don’t have a lot of supply out there and very heavy demand"
And we know total Bitcoin available is 21 million where 78%(14.5 million) of the Bitcoin supply is not liquid leaving 22%(4.2 million) for buying and selling; Which will lead to the higher demand in Bitcoin and according to the skybridge founder low supply high demand keeps Bitcoin rising
Source:
https://news.bitcoin.com/skybridge-capital-predicts-100k-bitcoin-price-this-year-heavy-demand-diminishing-supply/It's possible the more people buying and trading and coming in the demand will be greater than the supply, there are many factors why the supply cannot keep up, many investors are kept on investors wallet, and some of the coins are loss, through negligence and circumstances, and of source the coin that can be mine is now lesser.