Bitcoin 2022-2025

Bitcoin 2022-2025 (September - end of the cycle)
To begin with, we set price and time on the chart, talk in the price of the asset.
The price of an asset depends on supply and demand (as corny as it sounds)

We have a few major events that are waiting for the market
1. Halving - this event is about 111 days away. Halving reduces the Bitcoin mining block. Halving does not increase the value of Bitcoin. Less than 7% of all bitcoins left to be mined is 1.5 million bitcoins. And there is a fierce competition for those bitcoins.
2. BTC ETF
The fight between very large funds already owning bitcoin will be competitive, for the right to be the most sought-after BTC ETF. And the main point of this is that these large funds will not sell real Bitcoin. They're not going to make money selling real BTC. They're going to sell the contract. But in order to sell those contracts, you'll need to have real BTC. Now think about it, who has real BTC? The answer is Coinbase and now look at the COIN chart.

Once the BTC ETF is accepted Bitcoin will move to another asset class - and will be next to gold, indices, etc. Different financial organizations, pension funds, foundations, etc. will be able to invest in it.

There will be demand from all sides.


3. BTC network, ODRI, BRC20


This network will be very popular in 2024

The ecosystem is just being created, commissions will be high in Bitcoin, so L2 solutions (DOVI) will be created.
In general, the demand for Bitcoin will be huge.

Best Regards EXCAVO