Understanding Bitcoin Supply & Demand - A Backgrounder
Our Bitcoin price forecast framework is based on aggregate market supply and demand 'working together' to figure out equilibrium prices.
Murray Rudd
Institutional Holding, ETF Risks, and Impending Bitcoin Supply Shock
The August 08, 2025 episode of the Green Candle Podcast features Maurizio Pedrazzoli Grazioli from the Mr. M. podcast explaining why institutional holding, macroeconomic catalysts, and shrinking liquidity may drive Bitcoin to $200,000 by year-end.
Network Cohesion, Market Risks, and Circular Adoption
The August 08, 2025 episode of The Bitcoin Way features Daniel Prince examining node implementation splits, market-structure risks, and grassroots adoption dynamics.
Institutional Adoption, Treasury Models, and Bitcoin’s Evolving Market Cycles
The August 09, 2025 episode of the Mr. M Podcast features Cory Klippsten discussing Bitcoin’s path to $1 million, institutional adoption, and the role of corporate treasury models.
Bitcoin’s Meme Culture, Art Evolution, and On-Chain Music Innovation
The August 14, 2025 episode of the Isabel Foxen Duke podcast features Rare Scrilla recounting the evolution of Bitcoin-native art from Rare Pepes on Counterparty to the launch of Fake Rares and early Ordinals inscriptions.
Bitcoin supply, demand, and price dynamics
We develop a bottom-up, quantity-clearing model of Bitcoin price formation that couples its fixed 21-million-coin cap with plausible demand growth and execution behavior.
Draft Bitcoin horizon scan book online
Leveraging a modified, AI-assisted horizon scanning approach and analysis of 1,900 hours of 2024 Bitcoin-focused podcasts distilled with LLMs, it converts thousands of raw “threats and opportunities” into a preliminary research agenda.