Will Bitcoin Crash After Halving: Experts Opinions

Tuesday, 9 April 2024, 07:22

Experts including Arthur Hayes, Ben Cowen, and Peter Brandt foresee a potential decline in Bitcoin's price following the upcoming halving event. Hayes emphasizes the impact of market consensus and economic conditions, expecting a risky asset period before a potential market boost. Cowen supports this view, drawing comparisons to past market corrections, while Brandt highlights historical patterns in Bitcoin's bull markets. The data suggests a wave of profit-taking behavior and market hesitancy surrounding the halving, with miners expected to face downward pressure on earnings.

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Bitcoin Halving Cycles: Experts Foresee Post-Halving Downturn

Analysts like Arthur Hayes, Benjamin Cowen, and Peter Brandt predict a potential downturn in Bitcoin's price post-halving.

Expert Insights:

Arthur Hayes expects a market downturn citing entrenched positive halving narrative.
Benjamin Cowen draws parallels to past market corrections following significant events.
Peter Brandt acknowledges recurring patterns in Bitcoin's bull markets.

The data indicates negative trends in ETF flows and potential pressure on Bitcoin miners post-halving.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Bitcoin Halving Cycles: Experts Foresee Post-Halving Downturn

Expert Insights:

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