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Yes. It's likely and expected for Bitcoin to rise. Bitcoin quantity is halfed every four years to cause scarcity of Bitcoin to cause the price to appreciate by the law of market forces of demand and supply.

The last Bitcoin halving occurred in May 2020. Bitcoin halvings happen approximately every four years, so based on that schedule, the next halving is expected around the year 2024. Bitcoin value is expected to rise.
“Managing Fomo As Bitcoin Hits New High - Channels Television”

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