Post-Halving Bitcoin Rally Unlikely, Say JPMorgan and Deutsche Bank

As the cryptocurrency market anticipates the upcoming Bitcoin halving in 2024, past patterns have generally seen a positive price trend following such events. Investors have been hopeful that the proximity to the crypto event could again push the price of Bitcoin up, especially after it has already reached new all-time highs in 2024. However, experts are tempering expectations for a significant rally post-halving. According to a Bloomberg report, analysts from both JPMorgan and Deutsche Bank…

"Post-Halving Bitcoin Rally Unlikely, Say JPMorgan and Deutsche Bank"