ETC Group Research Director: The halving may not truly impact the market for another 100 days
ChainCatcher news, ETC Group's research director André Dragosch stated that last week there was a significant downward reversal in the global crypto hedge fund beta, with Bitcoin long futures dominating liquidations. However, crypto assets have now rebounded from the losses triggered by geopolitical tensions during the Bitcoin halving period.
André Dragosch believes that any positive effects related to the halving have not yet been reflected in the market, and such effects may only begin to emerge about 100 days after the halving occurs, as the supply shortage caused by the Bitcoin halving will only accumulate over time.
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