Exchanges Running Out of Bitcoin? 🪙👻🤔

900 new Bitcoin are produced each day via the Block Rewards earned by Miners. However, Exchanges are reporting that approx. 1,100+ Bitcoin are selling per day. With the Halving in June that will reduce the Block Reward to 450 new Bitcoin per day, and the likelihood that these Spot ETFs will be approved within months, this can create a perfect storm that has a strong possibility of making the price of Bitcoin go parabolic around the year 2025 due to supply and demand.

However, if the price tops all-time-highs, you can expect a bunch of HODLers will sell and a shortage might not happen due to the incentive of profit. I expect this to happen when BTC hits $69k. A bunch of people who bought in at that price only to see BTC drop to $15k during COVID are holding on until the price comes back so they can sell and finally overcome the loss they've been holding onto for years.

1) Will exchanges run out of Bitcoin?
2) Will Bitcoin's high price discourage new investors from entering?
3) What happens if the government bans exchanges?
4) What happens if the new USD CBDC forbids the purchase of Bitcoin?

Saif Ammous on high-priced Bitcoin being more spendable:
https://twitter.com/saifedean/status/1698500287458103661

GameStop short squeeze:
https://en.wikipedia.org/wiki/GameStop_short_squeeze

Original Video by Bitcoin University: https://www.youtube.com/watch?v=f2qOPvrGiGU

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