Bitcoin Halving Could Prompt Miners to Force-Sell, Analyst Fears

The upcoming bitcoin halving event could prompt a new wave of panic-selling by miners, says a pseudonymous analyst. Some traders may manipulate bitcoin to bootstrap a bullish narrative. Popular bullish models are flawed. Bitcoin Halving has become an eye-candy for a majority of bulls in the cryptocurrency market. The event will make bitcoin scarcer by…

37 total views, 1 views today

Author: toutiao