“It’s Pretty Much Economics 101”
It’s pretty much Economics 101: Tom Essaye Quoted in Forbes
Bitcoin Halving: Here’s Why Some Expect Prices To Soar
Bitcoin rose 8,069% in the 12 months after the 2012 halving, 284% following the 2016 halving and 559% after the 2020 halving.“It’s pretty much Economics 101” that bitcoin prices go up after halving, according to Sevens Report analyst Tom Essaye, who explained that so long as demand doesn’t decrease and new supply goes down, the “only thing left to move is price.”
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