#BTCBackto100K
Expectations for Bitcoin to return to the $100,000 level.
Factors that may drive Bitcoin back to $100,000:
* Limited supply: The maximum number of Bitcoins is 21 million, and this scarcity increases its value as demand rises.
* Bitcoin halving: Approximately every four years, the Bitcoin mining reward is halved, reducing new supply and historically leading to price increases. The last halving occurred in April 2024, and the next halving is expected in 2028.
* Increasing institutional demand: Large institutions are increasingly interested in Bitcoin as an investment asset, and this significant influx of money can drive the price up.
* Widespread adoption: The more individuals and companies that use Bitcoin in everyday transactions, the higher the demand and consequently its value.