When Will The Halving Impact Bitcoin's Price? | Live Q&A with Oliver Velez
This Live session took place on X (Twitter) on April 29, 2024.
Oliver discusses Bitcoin's delayed reaction to significant events, such as the approval of US spot Bitcoin ETFs and the recent halving, predicting impacts will be evident by the end of the year. He highlights the unique in-kind redemption feature of Hong Kong ETFs, enhancing Bitcoin's value through self-custody. Oliver contrasts US and Hong Kong ETFs, criticizing cash as devalued. He mentions potential Bitcoin ETF launches in Australia and the UK, and speculates on significant Bitcoin purchases by entities like the Bank of Japan. Oliver defends short sellers' market role and commits to continuing his educational efforts until Bitcoin reaches $100,000.
Oliver discusses Bitcoin's delayed reaction to significant events, such as the approval of US spot Bitcoin ETFs and the recent halving, predicting impacts will be evident by the end of the year. He highlights the unique in-kind redemption feature of Hong Kong ETFs, enhancing Bitcoin's value through self-custody. Oliver contrasts US and Hong Kong ETFs, criticizing cash as devalued. He mentions potential Bitcoin ETF launches in Australia and the UK, and speculates on significant Bitcoin purchases by entities like the Bank of Japan. Oliver defends short sellers' market role and commits to continuing his educational efforts until Bitcoin reaches $100,000.
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