why do you think 100k is possible after halving

[Madmax789]

Many in the crypto community believe that Bitcoin reaching $100,000 is possible, especially after the next halving event. Bitcoin's halving event, which occurs roughly every four years, cuts miners' rewards in half. This reduces the incoming supply of new bitcoins, effectively creating a "supply shock". Assuming fewer new coins enter circulation, and demand stays the same or increases, basic supply-demand dynamics indicate that prices are likely to rise. Historically, Bitcoin prices have seen significant gains in the months following previous halvingsAfter the previous halving, Bitcoin entered a prolonged bull market that took it to new all-time highs. For example, Bitcoin rose to around $20,000 in 2017 after the 2016 halving, and Bitcoin rose to $69,000 in 2021 before the 2020 halving. Although past performance does not guarantee future results, these patterns influence market expectations.
Global adoption of Bitcoin has continued to grow, with more individuals and businesses accepting it as a form of payment and using it for remittances or storing assets, especially in economically unstable countries. As more people become comfortable with the digital asset, Bitcoin's user base could grow, potentially driving demand and price.
While $100,000 is not a certainty, many of these factors support the idea that it is possible, especially if the broader environment remains favorable and adoption continues to grow. However, risks remain, including regulatory developments, technological competition and market volatility, so it is crucial that investors approach with caution