Demand growing steadily as all sorts of use cases and network effects have grown.

Supply dropping by 50% in 12 months.

Over the next year any math oriented people who like to look at historical Sharpe ratios of varyying time periods will be attracted like flies. The November 2022 FTX low was fundamentally great reason to start bitcoin bull.

Reduction of fake bitcoin is not too hard to understand, even for normies.