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News Explorer — Don't Look for a Spike in the Price of BTC After the Bitcoin Halving, Says JP Morgan

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Apr 18, 10:46 pm

Decrypt

Don't Look for a Spike in the Price of BTC After the Bitcoin Halving, Says JP Morgan

According to JP Morgan analysts, the upcoming Bitcoin halving event has already been priced in and is unlikely to result in significant price increases. The analysts also noted that a lack of venture capital funding in the crypto space may contribute to a lower BTC value. However, larger publicly-listed Bitcoin miners are well positioned to adapt to the changes and take advantage of the new environment.

According to JP Morgan analysts, the upcoming Bitcoin halving event has already been priced in and is unlikely to result in significant price increases. The analysts also noted that a lack of venture capital funding in the crypto space may contribute to a lower BTC value. However, larger publicly-listed Bitcoin miners are well positioned to adapt to the changes and take advantage of the new environment.

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