Bitcoin to Become Twice as Rare as Gold After the Halving: Bybit

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Bitcoin to Become Twice as Rare as Gold After the Halving: Bybit
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Bitcoin becomes more scarce after each halving, but the next event that takes place in the next four days will make the digital assets twice as rare as gold, according to analysts at the leading crypto exchange, Bybit.on what to expect before and after the Bitcoin halving revealed that BTC will experience a supply squeeze after the event, as the reserves on all centralized exchanges may be consumed within nine months.

Halving slows supply by reducing the rate of BTC production, and a supply squeeze may be inevitable. Bitcoin is already seeing early signs of a short squeeze, which will worsen post-halving.

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