You are viewing a single comment's thread from:
RE: Bitcoin: Know about it so you can love it too (Part 2)
With each halving event, the new supply of Bitcoin through inflation is drastically reduced and that makes a point in favor of the demand for the Bitcoin. And as of now already 88% of mining is completed(with the inflation rate being 1.8%). All these dynamics favor a bullish Bitcoin.
Thank you.
T
True. So far, bitcoin has always done a bull run after each of the past halving. It's no surprise to see the price bitcoin is at now.