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He projects that these demands could produce a shortfall of approximately 635,000 Bitcoin within a year, a gap that could be filled in just two years if demand remains high but supply grows at a slow pace. Since Bitcoin production is expected to halve to 450 per day in 2024, the scarcity dynamics will intensify.
Long-Term Supply and Demand Forecasts
The total Bitcoin supply left to be mined over the next 116 years is roughly 1.4 billion Bitcoin, with only about 216,000 Bitcoin expected to be mined in 2024. The gap between demand and supply is staggering, with a potential shortfall nearing 635,000 Bitcoin in the next year alone, based on conservative demand assumptions.