Bitcoin Is 'Right Where Oil Was In 1890'

The third bitcoin halving took place last Monday. About 18.4 million bitcoin are in circulation, meaning there’s only 2.6 million remaining up for grabs.In the months following the first and second halvings, bitcoin prices surged as it became clear that at some point, new bitcoin issuances will come to a halt.Bitcoin is like any other asset, in that it responds to the dynamics of supply and demand.