Goldman Cautions Against Extrapolating Previous Bitcoin Halving Cycles for Price Predictions

Goldman Cautions Against Extrapolating Previous Bitcoin Halving Cycles for Price Predictions

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Source: Coindesk.com

Bitcoin's mining-reward halving alone did not catalyze previous bulls runs, macro factors probably played a role, Goldman said. Continued gains in BTC may be contingent on strong inflows into the spot ETFs.

Bitcoin's fourth mining-reward halving is just two days away. The quadrennial event will reduce BTC's per block emission to

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Source: Coindesk.com

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