There will be another bull run

The halving creates a miraculous time of tremendous opportunity, one which theoretically will reach exhaustion at some point. Many people are convinced that 2025 is the year that the bullruns stop. They argue that there won't be enough of an impact from the halving. I would argue that barring outright economic collapse there will be another bull run, just like there was in 2013, 2017 and 2021. Let's look at some numbers: Pre-halving: 6.25 BTC mined per block. 900/day 900 x $27,500 = $24,750,000 44M unique addresses (26M more than 2020) and 250,000 confirmed transactions daily https://explodingtopics.com/blog/blockchain-stats "The Chinese are coming" (and I'm sure the "Saudis are (still) buying"). The impact of this cannot be underestimated. Maybe it takes a while to kick in and I'm sure they'll ban it again soon enough, but it will have an effect. Plus, the halving creates hype and brings other new users. When BTC touches $50K again, it will get attention from people who remember seeing that happen in 2021 and regretted being on the sidelines with no ticket. They'll start to look for influencers (including Forbes, CNBC, etc.) and they'll see the various projections of (bearishnumber), (reasonableexpection), (crazyhighnumber), etc. and they'll start to believe that they're still early. Dips will look like buying opportunities. The floor will continue to increase. Meanwhile, as of recently: 53% of coins haven't moved in 2 years https://decrypt.co/126006/more-bitcoin-than-ever-is-now-dormant-heres-what-that-means Assuming each user has 2-3 addresses (yes, I know you all have 10 😅 but the average user still probably has only 1 or 2) let's say $24,750,000/18,000,000 buyers = $10/week of buying to support $27.5K. Doable, obviously. Now let's cut the number of mined BTC in half and 2.5x the number of addresses that account for 1 person and 1 person alone in 2025 (18M x 2.5 = 45M): $12,375,000/45,000,000 = $2/week Seems to me that the market, which can support $10/week well enough, is liable to find support at $135,000 when the mining rewards halve. 👀😳🥳 And that ladies and gentlemen is how we Hopium! submitted by /u/yesweyolo [link] [comments]
http://dlvr.it/SpvWk8