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Beam CEO: BTC volatility suggests traders are re-speculating on Bitcoin halving positions

Beam CEO: BTC volatility suggests traders are re-speculating on Bitcoin halving positions

2024/03/22 12:09

Deeptide TechFlow news, according to Decrypt, Beam CEO Andy Bromberg said that Bitcoin fluctuations indicate that traders are re-guessing whether they have priced in the next BTC halving.

Decrypt explains: “This is similar to how GPS arrival times fluctuate during a trip. It always resets on the assumption that you (or your bike or car) will maintain your current speed for the rest of the journey. Calculated. Of course, that’s not always true.”

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