Bitcoin’s halving event has reduced its supply growth below that of gold. Ark Invest’s analysis suggests that historical halving events have been followed by significant price appreciation for Bitcoin. The analyst compares Bitcoin’s predictable monetary policy to the adjustable supply growth of sovereign currencies, highlighting its scarcity. Despite recent market volatility, Bitcoin’s long-term outlook remains bullish, with Ark Invest predicting a potential rise to $150,000 by year-end.