Expert Questions Bitcoin Halving’s Power to Drive Price Increase

Quick Summary:

Experts argue that Bitcoin’s growing illiquid supply could disrupt the typical price predictions tied to halving events.

Bitcoin’s halvings have traditionally been associated with price surges, fueled by the reduced miner rewards that create scarcity.

Jasper De Maere, Research Director at Outlier Ventures, spearheads this dissenting view.

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: Bitcoin Halving Market News Market News Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 16:10:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 141 words

Reading Time: 1 minutes read

Sentences: 51 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22368511

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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