{"id":21401,"date":"2023-06-05T13:36:21","date_gmt":"2023-06-05T13:36:21","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/retail-investors-driving-bitcoin-demand-ahead-of-halving\/"},"modified":"2023-06-05T13:36:21","modified_gmt":"2023-06-05T13:36:21","slug":"retail-investors-driving-bitcoin-demand-ahead-of-halving","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/retail-investors-driving-bitcoin-demand-ahead-of-halving\/","title":{"rendered":"Retail Investors Driving Bitcoin Demand Ahead of Halving"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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In the upcoming year leading up to the subsequent halving event, retail demand for Bitcoin (BTC) is anticipated to continue high, according to a recent research analysis by JPMorgan. The paper underlines the effect of BRC-20 tokens and Bitcoin Ordinals on retail demand, but more significantly, it underscores how the impending halving event in April 2024 will further boost investor interest in Bitcoin.<\/p>\n

What Does It Mean to Halve?<\/h3>\n

The mining rewards for bitcoin are halved or cut in half. According to the article, this event will increase Bitcoin\u2019s production cost by almost $40,000, which will have a good psychological impact. The production cost has historically acted as a price floor, playing a critical role in determining market mood.<\/p>\n

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Positive Direction<\/h3>\n

According to the JPMorgan<\/strong><\/a> analysis, the price of Bitcoin rose after the previous halving occurrences in 2016 and 2020. Following these occurrences, the price of Bitcoin significantly increased, indicating a favorable market reaction. This historical trend heightens interest in the impending halving event in 2024.<\/p>\n

Challenges with Institutional Demand<\/h3>\n

Retail demand for Bitcoin is anticipated to increase, although institutional demand has had some difficulties. Institutional interest has decreased as a result of factors like fraud, increased volatility, and continued regulatory concerns in the United States. However, according to JPMorgan\u2019s analysis, institutional investors may use Bitcoin as a hedge against catastrophic events, much to how gold experienced a surge after Silicon Valley Bank\u2019s demise.<\/p>\n

According to JPMorgan\u2019s research analysis, factors like the impending halving event and the favorable psychological impact it produces will likely keep driving retail demand for Bitcoin strong in the foreseeable future. The potential for Bitcoin to operate as a hedge in uncertain times may entice institutional investors, even though there are some barriers to institutional demand. Understanding Bitcoin\u2019s future course will require keeping a close eye on retail and institutional demand dynamics as the market develops.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) In the upcoming year leading up to the subsequent halving event, retail demand for Bitcoin (BTC) is anticipated to continue high, according to a recent research analysis by JPMorgan. The paper underlines the effect of BRC-20 tokens and Bitcoin Ordinals on retail demand, but more significantly, […]<\/p>\n","protected":false},"author":34,"featured_media":21402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21401"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21401"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21402"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}