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Beam CEO: BTC volatility indicates traders are repositioning ahead of Bitcoin halving
2024.03.22 - 11:31
TechFlow reported, according to Decrypt, Beam CEO Andy Bromberg said that Bitcoin's volatility indicates traders are re-evaluating whether the next BTC halving has already been priced in.
Decrypt explained: "It's similar to how GPS arrival times fluctuate during a trip. It constantly recalculates based on the assumption that you (or your bike or car) will maintain your current speed for the remainder of the journey. Of course, this isn't always accurate."
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