JPMorgan, Goldman Warn Investors This Bitcoin Halving Will Be Unlike Previous Cycles

Source: International Business Times

Historically, Bitcoin prices climbed post-halving, but this cycle could be different from the past, considering the current rocky environment in financial markets. QuoteInspector. com/flickr KEY POINTSGoldman noted that the prevailing macro conditions today are different from the pastJPMorgan analysts believe there will be a "downside" on Bitcoin prices post-halvingBitcoin has climbed back to $63,000 after it slumped to $60,000 WednesdayTwo of the world's most prominent investment banking giants warned that the expected April 20 Bitcoin halving won't have the same pattern as other cycles, considering the different macro trends that surround the much-anticipated event this time.