ווי וועט ביטקאָין מאַך נאָך די האַלווינג? וואָס געשעענישן קען ווירקן די פּרייַז אין די קורץ טערמין? קאָינבאַסע אַנאַליסץ אַנאַונסט!

One of the hottest topics on the agenda of the cryptocurrency market is undoubtedly the Bitcoin Halving, with the declines experienced in recent days only hours away.

While investors who saw a new ATH before the halving were expecting a strong BTC rally after the halving, the tension between Iran and Israel overshadowed the halving and rise expectations.

While investors were uneasy about the delay in the expected rally after the halving, updated evaluations came from 21Shares analysts and Coinbase analyst David Han.

“Bitcoin May Move Horizontally for a Time!”

In a recent report, 21Shares analysts noted that tensions in the Middle East are causing potential fluctuations in Bitcoin price, arguing that BTC will likely continue to move sideways until the situation between the two countries becomes clear.

“If geopolitical risks in the Middle East stabilize, Bitcoin is likely to continue its uptrend post-halving, led by spot BTC ETFs in the US and the recently approved Hong Kong ETFs, and supported by increased institutional interest.

“The stability that will occur in terms of geopolitical risks, combined with increased institutional adoption and scarcity of BTC supply, paves the way for a potential continuation of the rise in the weeks following the halving event.”

“This Cycle is Different from Other Halving Cycles!”

Apart from 21Shares analysts, analyst David Han also pointed out in his weekly Coinbase report the impact of macroeconomic factors exacerbated by tensions in the Middle East.

At this point, David Han said that the geopolitical tension in the Middle East negatively affects macroeconomic factors, and macro factors also affect the BTC and crypto market.

“Even if Bitcoin and cryptocurrency market fundamentals remain strong overall, we think prices are more likely to be driven by macro factors in the short term.

“These macro factors include rising geopolitical tensions, higher interest rates remaining for longer, and rising national debts.”

The analyst points out that although previous halvings have historically started a bull market, these increases are often accompanied by additional catalysts, and he thinks that the increase in demand for BTC ETFs and institutional adoption will be effective in the expected rise after this halving.

“Indeed, we believe that increased access to a broader capital base through spot ETFs, combined with new supply-side dynamics, is a long-term positive for Bitcoin.

But if previous cycles are any indication, it may take months to fully understand this. Because post-halving peaks occurred 350 to 550 days after the event.

However, the timing of this cycle is very different from other cycles. “We can expect further deviations from the timing trends of previous cycles as Bitcoin reaches all-time highs more than a month before the halving, driven by spot ETF inflows.”

* דאָס איז נישט ינוועסמאַנט עצה.