BTC supply crisis will appear soon

[Don Pedro Dinero]

There is not going to be a reduction in supply, there is going to be a reduction in the growth of the supply!

Yes, agreed, good point.

And, why would demand go up, there is no crystal ball that can tell that for sure, maybe demand will go down and we go in bear market again!

I put it to you the other way around: why shouldn't demand grow? Of course, we do not have a crystal ball, but this is not a question of magic. In the world of investments and markets nothing is certain, but those of us who hold bitcoin do so because we understand that it is highly likely that long-term demand will continue to grow at the same time as there is a reduction in the supply of new bitcoins, or the growth of supply as you put it. This will mean that, albeit with volatility, the price of bitcoin will continue to rise over the long term. However, profitability is likely to moderate as time goes on.

And I understand that you also hold some bitcoin and have a similar idea to this.

I'm a bit worried everyone takes this growth for being like written in stone!

Don't worry so much, those of us with a little knowledge don't think like that. Those who do are the ones who equally invest in bitcoin or in the latest cool altcoin because the youtuber of the moment told them so.

[0t3p0t]

I firmly believe that with 3 impacts: increased demand, reduced available supply on CEXs and halved new supply, BTC price will soon explode and create a new ATH right in 2024. For me, the short-term BTC price fluctuations are not a concern, I believe we are in the first steps of the 2024 bullrun and BTC could reach at least $150K in 2025.

I hope Bitcoin price will jup up to $120k-$150k in 2025 because I will be holding mine in that timeframe though not much but still better than nothing. 😁 The reduction of growth in supply will surely help the price to go to the moon so we need to keep calm in here acquiring more Bitcoins as possible and have patience.

[Jamal Aezaz]

Crisis? What crisis? I understand what the OP says but for us this is a great opportunity. There is going to be a reduction in supply and demand is going to go up. We know what this leads to. Those who don't have much bitcoin can take advantage of this to accumulate even more.

I think OP refers to Bitcoin halving. When the Bitcoin halving happens, there is a reduction of Bitcoin circulating supply in the market. When we have less of circulating supply Bitcoin in the market, the price should be encouraged to rise up significantly. However, it may be not happening immediately, Bitcoin needs time to skyrocket. Bitcoin probably reaches the new ATH after few months of Bitcoin halving.

I think you have some misunderstand about Halving. Halving does not reduce the supply of bitcoin. it doesn't have to do with supply. there will always be 21 million bitcoins in circulation.
Halving reduce the block rewards that miners earn from each block they mine. halving makes bitcoin harder to mine. less bitcoin will be produce after every halving.
I hope that clears your confusion.

[Gurujebs]

I think you have some misunderstand about Halving. Halving does not reduce the supply of bitcoin. it doesn't have to do with supply. there will always be 21 million bitcoins in circulation.
Halving reduce the block rewards that miners earn from each block they mine. halving makes bitcoin harder to mine. less bitcoin will be produce after every halving.
I hope that clears your confusion.

Maybe logically but it does technically. Currently, bitcoin block reward is 6.25 per block which is been mine for an average of 10 minutes. Let's do some simple mathematics, if 6.25 is been mine, that means it's coming to circulation and in 24 hours, the bitcoin that will be mine will be 900 bitcoin. That's roughly $38 million worth of bitcoin miners generate everyday, we have not even consider the transaction fees.

If by next halving that is coming up. That reward is going to be reduce by halve, which means miners revenue will reduce to 450 per day and that has reduce the supply of bitcoin that will be coming to circulation and this will continue to reduce every 4 years until all the Bitcoin has been mine completely, this is how bitcoin supply is reduce by halving.

The hope is for Bitcoin price to continue to grow so that miners can enjoy mining and don't need to worry about the quantity of bitcoin they are getting from block reward.

[Hamza2424]

I firmly believe that with 3 impacts: increased demand, reduced available supply on CEXs and halved new supply, BTC price will soon explode and create a new ATH right in 2024. For me, the short-term BTC price fluctuations are not a concern, I believe we are in the first steps of the 2024 bullrun and BTC could reach at least $150K in 2025.
~
What do you think about these impacts on BTC price in the long term? Is this just a trick of Market Maker? How much do you expect BTC price to reach in 2024-2025?

My expectations about the future BTC price are about the same. The long-awaited adoption of spot BTC-ETF and the upcoming BTC halving will probably be the decisive factors that will influence the BTC price and the entire crypto industry over the next few years. There is an assumption that BTC will be able to break the previous ATH this year, and we may see a peak as early as next year, i.e. the BTC price may well go above $100k or even $150k in 2025. Not sure about 2026.

Hmm, Quite a reasonable speculation for the price targets but as you've not mentioned 2026, here comes a point the Bull mostly never lasts longer if we consider 2026 as well in the Bull rally it's not logical, at least based on the previous market cycles the market Bull rally lasts only around 8 months to 1.5 years. After this rally market usually adopts the re-entry in the market cycle and distribution, capitulation, and accumulation zones are followed in the cycle respectively.

I'm quite optimistic on the price target of 80k for thee Bitcoin to be achieved by the end of 2024 lets hope for much better.

[doc]

that's normal, during halving bitcoin supply will decrease because mining rewards cut a half.
It will make the bitcoin price goes up. Many investors are  waiting this moment. They believe after halving bitcoin price will soar. bitcoin halving has been predicted will happen at April this year.

[Perfect540]

The Bitcoin Supply Crisis issue is highly related to the Bitcoin price but the supply of Bitcoin is decreasing day by day especially the circulating supply will definitely decrease.  There is no possibility of total supply crisis because total supply is fixed.  However, if the circulating supply falls into a crisis, then the price of Bitcoin will increase significantly due to the supply crisis in the future.  In this case, after the next 10 years, the price of Bitcoin will never be below one hundred thousand dollars.

[Stompix]

The Bitcoin Supply Crisis issue is highly related to the Bitcoin price but the supply of Bitcoin is decreasing day by day especially the circulating supply will definitely decrease. 

False, the supply is increasing each day and it will continue to do so after the halving.
https://en.bitcoin.it/wiki/Controlled_supply
Right now the rate of growth (or inflation) is ~1.7%

Also, at a rate of 450 coins produced each day it's hard to believe 450 will be also lost each day to decrease both the total supply and the circulation supply.

In this case, after the next 10 years, the price of Bitcoin will never be below one hundred thousand dollars.

Why not 100k and not 200k or 50k? 

that's normal, during halving bitcoin supply will decrease because mining rewards cut a half.

Nope, see above, the supply doesn't decrease!

I wonder why this is starting to become something of a myth and who did start this decreasing supply thing in the first place!

[elbans89]

Yeah , supply doesn't decrease but reward of mining will be cut a half. I think It's not about crisis, maybe demand and will so high during halving until bullish season, it will make the price goes up.Everyone wait this moment, bitcoin will touch ne ATH.

[jonathancool220]

BlackRock and Spot ETFs funds will also suffer the same fate: it is not easy to buy BTC at low prices!

Large companies will also think several times if they sell Bitcoin at a low price because it is very difficult to buy Bitcoin back at a low price.
There are many statements from rich people, famous people and artists that buying Bitcoin is like buying land in the real world and Bitcoin is land in digital assets.

Land in the real world is also very limited for us to own, the more people there are, the more demand there is to purchase land and then the price of land becomes expensive.
It's the same with Bitcoin, which is of great interest to everyone, but the supply is limited to only 21 million and then the price of Bitcoin automatically rises, as we now see in the cryptocurrency market.

[KryptoBull]

What do you think about these impacts on BTC price in the long term? Is this just a trick of Market Maker? How much do you expect BTC price to reach in 2024-2025?

GrayScale will stop selling.
BlackRock and the remaining ETF funds continue to buy.
BTC Halving reduces the block reward in half.
Market sentiment is gradually becoming positive and believes in the market's recovery within the 4-year cycle.

All of these factors will create strong buying pressure and the first place to receive buying pressure is CEXs. If CEXs have little BTC to trade, the auction mechanism will push the BTC price very high in a short time when everyone wants to buy and hold BTC.

I think the BTC price will have strong upward fluctuations in Q4 of this year, as increased scarcity permeates the market and investor psychology.

[Lucius]

~snip~
I firmly believe that with 3 impacts: increased demand, reduced available supply on CEXs and halved new supply, BTC price will soon explode and create a new ATH right in 2024. For me, the short-term BTC price fluctuations are not a concern, I believe we are in the first steps of the 2024 bullrun and BTC could reach at least $150K in 2025.

Every halving has had an effect on the price so far, and for now we have no reason to doubt that it will not be the same this time. However, if we are to be realistic, the actual impact of the halving has less and less influence on the market, considering that miners have less and less coins that they can sell.

What they currently mine is about 27 000 BTC per month, and after the halving it will be only 13 500 BTC per month, which is actually just dust compared to the 19.6 million BTC that have been mined so far. Of course, the psychological impact of halving is still present in the minds of most people, and that's why we can hope that history will repeat itself.
 

What do you think about these impacts on BTC price in the long term? Is this just a trick of Market Maker? How much do you expect BTC price to reach in 2024-2025?

Spot ETFs are still an unknown if we look at the long term, because some say that all this inflow of BTC into the funds is nothing but a consequence of the initial enthusiasm and that it will slow down significantly as time goes on, but if it is true that the number of BTC on CEXs has decreased significantly in recent years, the question is how much the funds can absorb and thus cause the demand to become greater than the supply. It is difficult to speculate about the new ATH, but I hope that it will be at least x2 or x3 of the last ATH, which would mean from $150k to $200k, although Bitcoin can always surprise us and achieve much more.

[BitMaxz]

Yeah , supply doesn't decrease but reward of mining will be cut a half. I think It's not about crisis, maybe demand and will so high during halving until bullish season, it will make the price goes up.Everyone wait this moment, bitcoin will touch ne ATH.

There is no BTC crisis yet maybe it will only happen once all a 21million bitcoin is totally mined but since only block halving is coming I don't think we will see a crisis in Bitcoin after block halving. Since the demand increase or even stable after the block reward become half  the value of Bitcoin will still  be rise there is no difference on what happen to the past block halving it should be still the same as what will happen this coming blockhalving.

[Lucius]

There is no BTC crisis yet maybe it will only happen once all a 21million bitcoin is totally mined but since only block halving is coming I don't think we will see a crisis in Bitcoin after block halving.
~snip~

Why would this happen only around 2140 if we know that in less than 10 years we will have around 99% of all BTC mined and that only 1% will remain for the next 100 years? If the demand is constant and increases even more, we can assume that some kind of crisis of this type will happen, maybe even before the end of this decade.

[IvugeoEvolutionCoin]

Why would this happen only around 2140 if we know that in less than 10 years we will have around 99% of all BTC mined and that only 1% will remain for the next 100 years? If the demand is constant and increases even more, we can assume that some kind of crisis of this type will happen, maybe even before the end of this decade.

When the circulation of Bitcoin has reached its limit, the price will not make sense because it will definitely be very expensive, and of course altcoins will be an alternative substitute for carrying out cryptocurrency transactions. Therefore, as I often say, Bitcoin has a very limited supply, so you have to be able to use it well until you can't get Bitcoin from miners anymore because one day if that happens, it will make you very rich.