Bitcoin's total supply is nearing its limit, with less than 1.2 million BTC left to be mined out of a capped supply of 21 million coins. This scarcity is a key factor in Bitcoin's value proposition and as the supply dwindles, increased demand could drive its price higher. The next halving event, scheduled for April 2028, will further reduce the supply. Despite recent market trends suggesting a potential further decline in Bitcoin's price, experts believe its scarcity will remain a defining quality for decades to come.



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