Quote from: Basuki23 on February 05, 2024, 04:46:50 AM

It is believed that Bitcoin will experience a significant increase in it's price during the bull market as a result of investors tending to buy more Bitcoins therefore it's demand might be higher than the supply and investors confidence spirit will be elated that the price would even go further higher through speculations but however after this bullish periods, will the price of Bitcoin continuously swim higher or it would eventually drop down and become bearish for investors to buy the dip and hodl again?

New supply will be reduced, halved after each halving while current circulating supply is already owned by bitcoiners. With each halving, more people will be exposed then start to learn about Bitcoin, some will decide to invest money in Bitcoin. It means demand on bitcoin increases with each halving. Even if after a bull run, the market turns to about 2 bearish years, we will still see higher demand in that bearish market than a previous bear market of previous cycle.

Surely you will see massive drop like 70% or 80% from all time high but if you look at lowest prices in previous bear markets or prices at previous halvings, you will see the growth of Bitcoin. If you can hold bitcoin more than 4 years, you won't get loss and even will get profit.