Bitcoin to Become Twice as Rare as Gold After the Halving: Bybit

Bitcoin to Become Twice as Rare as Gold After the Halving: Bybit

Bitcoin (BTC) becomes more scarce after each halving, but the next event that takes place in the next four days will make the digital assets twice as rare as gold, according to analysts at the leading crypto exchange, Bybit.
A report on what to expect before and after the Bitcoin halving revealed that BTC will experience a supply squeeze after the event, as the reserves on all centralized exchanges may be consumed within nine months.
Twice as Rare as Gold
Bybit said the Bitcoin stock-to-flow (S2F) model substantiates its claims as the metric has shown that BTC becomes scarcer than gold after each halving. The S2F ratio is calculated by dividing the circulating supply of a commodity by its annual production to derive a scarcity gauge.
At the time of writing, Bitcoin’s S2F ratio hovered around 56, while that of gold is 60. After the halving, Bitcoin’s ratio is expected to double to 112.
Halving slows supply by reducing the rate of BTC production, and a supply squeeze may be inevitabl

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