QCP Capital: Bitcoin bulls may need to wait at least two months to see halving impact

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Bitget2024/04/23 14:50

According to Mars Finance news, analysts at QCP Capital said that investors may need to wait about two or three months before the supply restrictions of Bitcoin halving will have an impact on the market. In the first three halvings, the spot price was only 1% after the actual halving date. It goes up exponentially in 50-100 days. If the pattern repeats this time around, Bitcoin bulls still have a few weeks to build larger long positions.

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