Exec says upcoming Bitcoin halving is on a ‘different scale’ as…

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Bitcoin typically sees price dips post-halving, followed by gradual recoveries to reach new highs historically.

The historical pattern suggested that Bitcoin halving often leads to value surges after the halving event.The forthcominghalving, anticipated in April, often creates bullish sentiment for BTC prices. Historical data suggest that the asset has experienced price surges within six to twelve months post-halving.

“It’s at a different scale. And so larger scale operators now have to really think about how to be the lowest cost operator within the industry.” Echoing similar sentiments, Genoot emphasizes the importance of companies being able to produce low-cost products to thrive after the Bitcoin halving.

 

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