Bitwise CIO: In the long run, Bitcoin halving is a "buy on news" event
In an interview with CNBC Squawk Box, Matt Hougan, Chief Investment Officer of the cryptocurrency asset management company Bitwise, pointed out that Bitcoin's price has rebounded significantly after halving. Therefore, this is a "buy on news" event, especially in the long term. Matt Hougan also stated that the reason for Bitcoin's price rebound within a year after the past three halvings was due to supply contraction in the months following each halving.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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