Experts Divided on Bitcoin Price Impact of Upcoming Halving Event
• Arthur Hayes predicts Bitcoin's price will decline after the halving due to reduced liquidity from annual tax deductions.
• Bitcoin's inflation rate will drop below gold's after the halving, intensifying its bid to become a reserve asset.
• Hashlab Mining CEO Jaran Mellerud believes the halving will have little effect on Bitcoin's price.
• The halving may result in a self-fulfilling prophecy as media coverage drives investor enthusiasm and demand.
• Glassnode and Coinbase predict the halving is already priced in due to Bitcoin hitting an all-time high pre-halving for the first time.