BTC: Ignore the noise - This Time is Different! (Patreon)

I have mentioned this before in OCTA - but it bears repeating

The 2024 Bitcoin halving will be the first time that the supply of BTC available for trade has decreased since the previous halving. Put another way, the 2024 Bitcoin halving will mark the beginning of a new era of scarcity for BTC and that is before I am even talking about Blackrock coming in and spot ETFs etc. 

To make matters worse, the amount of BTC that miners are rewarded with for each block they mine will be halved, from 6.25 BTC to 3.125 BTC. 

As a result, there will be less BTC available on the market, which WILL lead to a price increase.

As the supply of BTC available for trade decreases, the demand for BTC is likely to increase, which could lead to a significant price increase. 

h/t Sanjay for the chart.