"Bitcoin Halving 2024: JPMorgan and Goldman Sachs Issue Price Warnings"
TL;DR Summary
As the Bitcoin halving approaches, Goldman Sachs and JPMorgan analysts have issued warnings about potential price declines post-halving, citing overbought conditions, lack of rebound after a recent price drop, and the impact of macroeconomic conditions. Despite historical trends, the current market dynamics and the influx of new Bitcoin exchange-traded funds (ETFs) may influence Bitcoin's medium-term outlook.
- JPMorgan Joins Goldman Sachs In Serious Bitcoin Halving Price Warning Forbes
- The ‘halving’ — bitcoin bros’ World Cup — is nigh CNN
- Bitcoin halving 2024: How 27,000 BTC are prepping for the big day AMBCrypto News
- Bitcoin's Halving Is Coming. Miners Are Looking for New Ways to Make Money. The Wall Street Journal
- Down 58% From Its High, Could Riot Platforms Stock Get Help From the Bitcoin Halving? The Motley Fool
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