“There stays appreciable optimism out there over the prospect for costs rising considerably by year-end, with a major factor of that optimism arising from a view that bitcoin demand by way of spot exchange-traded funds (ETFs) would proceed on the identical tempo at the same time as the availability of bitcoin diminishes after the halving occasion,” analysts led by Nikolaos Panigirtzoglou wrote.
Bitcoin (BTC) Stays Overbought Into the Halving Regardless of Current Correction, JPMorgan Says
