Bitcoin Halving: Market Underestimates Long-Term Impact as ‘Sell the News’ Event, according to Bitwise

According to asset management firm Bitwise, data indicates that the upcoming Bitcoin halving could be seen as a “sell the news” event. However, the firm clarified that the market is probably factoring in the short-term effects of the halving but may be underestimating the long-term impact. They also highlighted that the data suggests that ultimately, the halving could have a positive effect on the price […].

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