Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]
Source: https://news.bitcoin.com/bitwise-bitcoin-halving-is-a-sell-the-news-event-market-underestimates-long-term-impact/