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But over the past few as aggressive on interest rate rises, which would be supportive. I'm not sure [that] is the world that we want year. Part of the industry's positive has been stealthily rising in form of "digital gold" - be a million dollars in provide investors a hedge against are happening in the world, which we don't want.
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2023 bitcoin price prediction | That distinction is important because currency debasement is driven by monetary inflation and the expansion of central bank balance sheets. BTC is still the strongest crypto of all, so I don't think it will dip as hard as other tokens. Lastly, and most importantly, the halving will reduce the newly issued supply from 6. In CNBC's interviews, several industry participants spoke about historical bitcoin cycles, which happen roughly every four years. With miners offloading their holdings to pay off debts, that should remove most of the remaining selling pressure on bitcoin. |
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