Bitcoin Cycles and How They’ve Evolved Over Time

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When trying to understand the potential future price growth of an instrument, there are a variety of ways to do that, depending on the asset class. When looking at a commodity, like oil, analysts tend to reference the supply and demand. How much is being consumed, against how much is being made. Q1 2021 hedge fund letters, conferences and more Supply and demand for Bitcoin works slightly differently, because there is a limited cap on the amount of supply, eg. 21,000,000. Demand for BTC can be seen especially now, with many financial institutions jumping on the crypto bandwagon, and the availab…

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