We know that historically every single halving event has resulted in the value of Bitcoin increasing and resulted in a bull run for Bitcoin.
It can be explained by the supply dropping in 50% overnight with demand staying the saying. An equilibrium must be met and price increases.
But historically the price increase isn’t immediate and it takes time to kick in. What do you think we can expect going into this halving, during the halving, and shortly after?
Personally I think it will result in the catalyst for the new bull run if we don’t find ourselves in a bull run before that. Even if we find ourselves in the worst macro conditions basic principals of economics apply and the demand must meet the supply increasing the price of whatever it is at the time before the halving.
I feel like we also have to consider the price being priced in already by the time the halving occurs which would also mean an increase in price but before the halving. If markets hate uncertainty and the halving is certain to reduce supply the price must increase.
The only factor I can think of that would stop this is a true black swan event, not an exchange collapse, but something much more serious that we can’t foresee.
What do y’all think? I want discussion and speculation not moons boys or price to 10k just “because.”
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