Greetings Appreciated @jondoe.

The payment per block will go from 12.5 BTC to 6.25 BTC for miners, every ten minutes. Thus, Bitcoin takes longer to extract as the difficulty increases and the price increases. This Bitcoin design that makes it deflationary also makes it work as a store of value.

Will we be at the gates of a new Bull´s or Bear´s Run?

All best, Piotr