This 1 New Dynamic Could Keep Powering Bitcoin Higher and Higher for Years
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Whenever a finite asset runs into a seemingly insatiable amount of demand, prices tend to go up and up.And that's about where Bitcoin (CRYPTO: BTC) sits today. On one side, the protocol's latest halving means that barely an appetizer's worth of new coins are mined each day. On the other side, a new category of steady buyers with a huge amount of capital on hand has arrived, and they're looking for a seven-course meal's worth of the asset.The mismatch between supply and demand probably isn't going anywhere, either. So let's explore this dynamic in a bit more detail and unpack what it means for Bitcoin over the long term.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool