Bitcoin will have 32 halvings, we've only seen 3 of them
It may seem like bitcoin's been around a while, but it rally hasn't.
In the big picture, bitcoin isn't even a toddler yet.
We have only seen 3 halvings but we have another 29 to go before it's all said and done.
Check it out:
(Source:
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The next halving will be in early 2024 and it only represent the 4th halving ever.
At that point the inflation rate of bitcoin will below that of gold's as well as the long term average of the dollar.
Given that backdrop, it's hard to imagine how bitcoin doesn't go significantly higher over the next decade or two with such low inflation rate with demand increasing...
As long as demand is staying constant or increasing price can only go up.