Is Bitcoin’s halving a ‘sell the news event that is already priced in?’

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The 4th BTC halving is 'symbolic,' as per Kraken's exec, as it'll take the total BTC supply ever mined to 94% with less than 1% inflation...

fourth halving is finally done and dusted. For its part, there is no doubt that the 2024 cycle has been an outlier, especially since BTC hit a new all-time high of $73.7k on the charts, right before the halving.

“But this one is the most symbolic, in my opinion, in Bitcoin’s history and even looking forward. Because, at the time, when you have people looking at their conventional currencies, inflation, interest rates and the economic environment they live in, they see this alternative form of currency, Bitcoin.”“When the halving takes place, 94% of the Bitcoin that will ever exist will have been mined. And we’ll see less than 1% inflation in the circulating supply of Bitcoin going forward.

 

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