Will Bitcoin scarcity guarantee higher prices?

[madmax]

Not necessarily. Scarcity is only one side of the equation — demand drives value. Factors influencing price include:

User adoption and network utility

Regulatory developments

Macro-economic conditions

New use cases like Layer 2 solutions and BRC-20 tokens

The 20 million milestone proves Bitcoin’s monetary policy works, but price outcomes depend on the interaction of supply and demand, not scarcity alone.

[cryptohog]

scarcity alone doesn’t make BTC go up, gotta have adoption and demand behind it