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With just hours to go, analysts from JPMorgan Chase and Deutsche Bank believe that halving, which has long been touted as a major bullish factor for the BTC price, has already been priced in. JPMorgan analysts stated in a note dated Thursday that the biggest impact will be on Bitcoin mining rather than its price.of Brandt's hint is eagerly awaited, the exact timing and magnitude of the anticipated move remain unclear.
Bitcoin recovered after falling sharply to intraday lows of $59,573. At the time of writing, Bitcoin was up 5.13% in the last 24 hours to $64,641 as selling by traders seemed to ease.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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