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Here’s why simulations of Bitcoin’s post-halving price may disappoint investors Here’s why simulations of Bitcoin’s post-halving price may disappoint investors
This article is more than 2 years old...

Here’s why simulations of Bitcoin’s post-halving price may disappoint investors

with insights from Skew

Bitcoin’s upcoming mining rewards halving has been looked upon as a potentially bullish catalyst for the cryptocurrency for years, with many investors predicting that the impact it has on its miner dynamics will help boost BTC’s price.

Here’s why simulations of Bitcoin’s post-halving price may disappoint investors

Photo by chuttersnap on Unsplash

Bitcoin’s upcoming mining rewards halving has been looked upon as a potentially bullish catalyst for the cryptocurrency for years, with many investors predicting that the impact it has on its miner dynamics will help boost BTC’s price.

It is important to note, however, that there are some problems with this notion, and a recent report from a crypto hedge fund suggests that bullish halving narratives are underpinned by false assumptions.

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