The Obvious Reason Why Bitcoin Halving Will Skyrocket Its Price Is Law of Supply and Demand

I’m not asking you to take my word for it, but simply to study the law of supply and demand.

I am convinced that the third Bitcoin Halving will have a huge effect on its price in the next 18 months. I’m obviously not alone in thinking this. All Bitcoiners think so too.

Better yet, we are joined in this analysis by many observers from the traditional financial markets.

A quick look at the evolution of the Bitcoin price after the two previous Halvings in 2012 and 2016 reinforces this conviction.

The approach of this third Halving in the history of Bitcoin is putting the world of cryptocurrencies in turmoil. Bitcoin has seen its price rise from $6,950 to $10,300 in the 40 days since the beginning of the year.

As was the case throughout 2017, I am meeting more and more people asking me questions about Bitcoin. Proof, if proof were needed, that something big is getting ready for Bitcoin.

Many of these questions revolve around the same theme:

Why will the third Bitcoin Halving have a significant upward effect on Bitcoin price?

In order to answer this question, I think there is nothing better than to go back to the basics and rely on the famous law of supply and demand.

This law alone is an obvious reason why Bitcoin price will soar in the months following the third Halving.