ETC Group Research Director: The halving may not really impact the market until 100 days later
According to ChainCatcher news, André Dragosch, head of research at ETC Group, said that global crypto hedge fund beta values experienced a sharp downward reversal last week, and Bitcoin long futures liquidations dominated. But crypto assets have now rebounded from losses triggered by geopolitical tensions during Bitcoin’s halving.
André Dragosch believes that any positive effects related to the halving have not yet been reflected in the market, and such effects may not begin to appear until about 100 days after the halving occurs, because the supply shortage caused by the Bitcoin halving will only increase with the accumulated over time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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