MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.
Halving
Did Strong Bitcoin ETF Demand Kill Halving’s Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K
Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.
Hedge Funds Hold Record Bearish Bitcoin Bets, Data Show
Most funds may have taken short positions as a part of a “carry trade,” one observer said.
Bitcoin Becomes More Volatile Than Ether as Halving Approaches
Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points.
Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord
If history repeats itself, an even more bullish period for bitcoin and crypto markets could be on the horizon in the months following the halving, the report said.
Bitcoin Year-End Price Target Raised to $90K at Bernstein
The broker expects a 7% reduction in hashrate post-halving from shutdowns versus 15% earlier, the report said.
Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.
Bitcoin’s Halving May Be Here Sooner Than You Know (Again)
Several months ago, the halving was expected to take place on April 28; now it’s on track to land on April 15. Blame the surge in bitcoin’s price, which has attracted more mining power and sped up the network.
Bitcoin Soared to an All-Time High. So Why Aren’t Miners Blasting Off, Too?
One explanation: Investors are pouring money into spot ETFs while avoiding miners due to risks related to the Bitcoin halving.