There willn't be any for everyone. Of the to conception for Satohi, Bitcoin (BTC) was designed to be A rare active. A specificity based on two main elements. On the one hand, a maximum offer fixed to 21 million units. And on the other, a programmed reduction in its productionwith The famous Halving which occurs every 4 years approximately. A situation that could well become problematic, because the production New BTC is lower to the strong request institutional.
The key points of this article:
Bitcoin's scheduled rarity has been accentuated by strong institutional demand, which goes far beyond current production. The reserves of cryptocurrency exchange platforms have drastically decreased, with a risk of stock that is looming.
Institutional demand for Bitcoin is 6 times higher than the production
Bitcoin is therefore a digital active that Rarity is scheduled In the very code that governs its blockchain network. This is the reason why the crypto-active is often compared to precious metals like goldand nicknamed as «thedigital gold By some. With the phenomenon of halving who comes two the production of new BTCs, every 4 years approximately (all 210 000 blocs of transactions, to be precise). Thus, since avril 2024the block award only pays 3,125 BTC to the crypto-meor which validates a transaction block, every 10 minutes approximately (against 6,25 BTC Auparavant). According to data analyzed by the financial services company Riverthis current production – of the order of 450 new bitcoins per day – would not follow the demand of major traditional investors at all. Indeed, their purchases ofETF Bitcoin combined with the cryptocurrency of listed companies of Bitcoin Treasurieswould be of the order of respectively 1430 and 1399 bitcoins per day. Either 6.3 times More demand than supply!
A BTC stock shortage which is seen in the violent cast iron of the stocks of crypto-bourses
However, les stocks existing centralized cryptocurrency exchange platforms (OC) et BTC sales Small private investors allow for the moment to absorb this enormous deficit between the pure production of new bitcoins and the growing demand of large professional investors. But on the side of the crypto-bourse stocks, drying watch. Indeed, according to cryptocurrency data, there never had so few bitcoin reserves on the CEX. Thus, a peak of 3.4 million de btc In November 2022, we had already barely more than 3 million de btc in November 2024 (almost -12% in 2 years), now only 2.5 million de btc These very last days. A decrease that has accelerated by marking a -16.7% in just 10 months.
Bitcoin stocks of crypto-bours are exhausted faster and faster. – Source: Cryptoquant.com In summary, the institutional demand in Bitcoin is in the process of siphon BTCs owned by the weak hands of small investors, and nibbling Little by little (but faster and faster) the stocks of exchanges. When these two sources are dryingthe natural production of new BTCs will be totally submerged by demand, causing a violent shock of supply and demand, which can potentially cause ruptures de stock et Price explosion BTC. The whole question is, When Will this shock occur? Perhaps in a few years, with in particular The next 2028 halving (production will then increase to 1.5625 BTC per block)? In any case, Some are already sees only 1 bitcoin at more than $ 1 million.