Is the Bitcoin event going to be a sell-the-news event?

Bitcoin's up, we've all seen it. While the theory stands that Bitcoin will continue to go up after supply inflation reduces, this tends to be dependent upon consistent or increasing demand relative to the supply reduction. Considering the publicly traded ETFs continue to report consistent inflows over the past two months, it's difficult to imagine that demand will be declining as fast as the incoming supply decrease. Just my two cents, but I think the trend will continue and we'll see an increase in the price to come.