WILL BITCOIN RISE AGAIN?
Mining software and hardware generate bitcoins at a set rate. Every four years, this rate splits in half, slowing the creation of new coins. The most recent halving took place on April 19, 2024. If events continue as they have in the past, Bitcoin's price may rise again; however, there is no guarantee that the market will react similarly.
Bitcoin's price should continue to rise as its popularity grows and supply cannot meet demand. However, if popularity and demand decline, there will be more supply than demand. Then Bitcoin's price should fall, unless it retains its value for other reasons.
