$BTC
Why $BTC going up?
Limited Supply (Scarcity) – Only 21 million BTC will ever exist, making it a deflationary asset.
Institutional Adoption – Big companies (like MicroStrategy, Tesla) and ETFs buying Bitcoin increase demand.
Halving Events – Every 4 years, Bitcoin mining rewards are cut in half, reducing new supply (next halving: April 2024).
Macroeconomic Factors – Inflation, weak fiat currencies, and economic instability push investors toward Bitcoin as a hedge.
Growing Adoption – More merchants, countries (like El Salvador), and payment systems accept Bitcoin.
Market Sentiment & FOMO – Media hype, celebrity endorsements (like Elon Musk), and fear of missing out drive prices up.
