Bitcoin Halving Event Highlights Scarcity as Supply Growth Drops

• Bitcoin supply growth to drop below 1% for first time ever in upcoming April halving event, highlighting bitcoin's scarcity

• Halving cuts miner rewards in half, slowing rate new bitcoin enters circulation and making it more scarce

• Historical data shows bitcoin price tends to peak around 18 months after halving before correcting

• With institutional investors now in mix, optimism current bull cycle has room to run before 2025 peak

• As bitcoin becomes more scarce, transaction fees likely to replace miner rewards over time to incentivize network security