Due to the encoded rules and relationship of miners to them Bitcoin has to increase in value by %25 per year (a doubling every 4 years) or slowly die by miners

Due to the encoded rules and relationship of miners to them Bitcoin has to increase in value by %25 per year (a doubling every 4 years) or slowly die by miners exiting. This would continue until the capital sucking machine of bitcoin becomes such a burden on productive wealth (that wealth which isnot locked into value storage devices that only serve to store value) that the bubble has to pop. It's anyones guess when that will be. That doesn't mean that next year it should be worth double of what it is now. One would need a better index of miner capital costs and their increases to really track but my napkin says miner required value now is around ~$1200 (based on the value pump that happend just prior to the previous halving)