2024 BTC cycle 'dramatically' underperforming previous halvings: Analyst
Burns Brief
Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC $MATIC for reaction — a decisive move above or below key levels will confirm the next trend.
Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn.
Key Takeaways
- Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn