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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."
According to Decrypt, Andy Bromberg, CEO of Beam, said that Bitcoin's volatility indicates traders are re-evaluating whether the next BTC halving has already been priced in. "It's like how GPS estimated arrival times fluctuate during a trip," Decrypt explained. "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, that isn't always accurate."
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