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Less than 1 day before the halving, what do the big guys think?

Original: john316 2024.04.19

On April 18, 2024, Google Trends data showed that the search popularity for "Bitcoin halving" hit a new high. Nigeria, the Netherlands, Switzerland and Cyprus are most interested in Bitcoin halving.

Less than 1 day before the halving, what do well-known institutions, users, and KOLs think about the halving?

Bernstein

Analysts at research and brokerage firm Bernstein expect Bitcoin to resume its bullish trajectory after the halving and reiterated their goal of reaching $150,000 by the end of 2025. "We expect Bitcoin's bullish trajectory to resume post-halving, when mining hashrate has adjusted and ETF inflows resume," Gautam Chhugani and Mahika Sapra wrote in a note to clients on Wednesday. "In addition, we believe that the integration of spot Bitcoin ETH with exchanges, RIAs will continue to provide structural demand for Bitcoin. We still expect Bitcoin to hit a cycle high of $150,000 by 2025."

Crypto.com

The CEO of cryptocurrency company Crypto.com recently expressed his views on the Bitcoin halving event. He noted that the market may experience some selling pressure on Bitcoin during the Bitcoin halving, but stressed that the halving event will be supportive to Bitcoin prices in the long run.

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