After all, Satoshi Nakamoto at the protocol level fixed the upper emission threshold - there will be only 21 million BTC in this world. This fact in itself creates an obvious deficit over time.
And we also have halving, which every four years also reduces the process of the emergence of a new cryptocurrency, making it every time even more rare “exhibit”.
At the same time, every fourth bitcoin in this world is lost (about 5 million coins minus from circulation). This is another deflationary component.
Therefore, in global terms, there is no doubt about the growth of bitcoin: after all, there will come a time when the last coin will “come out of the pickaxe” of the miner, and the era of mining the world’s first cryptocurrency will end, and the holders of digital gold will become akin to collectors.