3 Market Experts Talked About Bitcoin (BTC) Halving After Hours!
What do famous analysts think about the halving in Bitcoin (BTC)?
Exciting times have begun in the cryptocurrency industry. The fact that the halving will take place in the leading cryptocurrency Bitcoin (BTC) as of tonight excites all crypto investors. There is now an average of 5 hours left until the block halving in BTC occurs.
Before the halving in Bitcoin, market experts shared their comments. Here are the important details in the latest reports shared by important names about the BTC block halving process:
Coincover Chief Strategy Officer Duncan Ash:
“The halving in Bitcoin (BTC) will establish a closer balance between the number of buyers and sellers and regulate the market. "In addition, after a while, more users will enter the sector and thus more liquidity will be created."
Coinbase analyst David Han:
“Given the high volatility levels in Bitcoin since the beginning of the year, a further downward move is quite possible despite the halving.
However, even as traders appear to be preparing for possible lower declines, options pricing and on-chain metrics still haven't seen a massive shift.”
Bitfinex Head of Derivatives Jag Kooner:
“It is not yet clear whether macro conditions will affect fundamental data, but investors are definitely more cautious now than they were a week ago, despite the Bitcoin (BTC) halving.”