Bitcoin halving could be pretty significant for long-term gains: BitGo analyst

Bitcoin's (BTC-USD) halving event is expected to occur over this weekend, either Friday, April 19 or Saturday, April 20. The halving event operates to reduce the number of available bitcoins in circulation once every four years, ultimately controlling inflation within the cryptocurrency.
CoinFund Co-Founder and CIO Alex Felix and BitGo Managing Director and Head of the Go Network Matt Ballensweig join Market Domination to discuss bitcoin's long-term price trajectory.
Ballensweig considers the halving a "non-event" for the short-term scope of bitcoin, advising traders to "stick to the basics" when managing crypto-adjacent stocks like bitcoin miners. Felix believes bitcoin could ascend to anywhere between $150,000 to $200,000 over the next couple years based on price progressions following past halvings.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

[@CliveBirse]

I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins.

[@axelleayad]

Thanks! Your video calms me down everyday I watch it when the market is pumping! I'm going with your insights. It makes the most sense with where we are at in the cycle. The only thing that would make me think this cycle could be slightly different is the overall increased adoption of crypto since 2019 and all the hype with the BTC/ETH ETF speculation. Could the market stay held up this cycle by the anticipation of ETFs and the overall awareness that a bull run is coming? The surge is speculated to possibly be the beginning of a massive new uptrend, making it a crucial time for investors to pay attention, I've personally benefited from following Thomas Easton trading tactics, amassing 23 bitcoins in a short four weeks period, which speaks volumes about his expertise...

[@dankc60]

"People who use fiat currency as a store of value...we call them poor"

[@user-jj4kl4ir4y]

This seems like the worst period.

[@sarashah1558]

Slothana's concept seems unique so I decided to jump in 🤔🤔

[@animalfrendo]

Yahoo still exists?

[@AprilCarlson-rm5rq]

I am new to crypto traders, please tell me where is the best place to start learning

[@usntheboy1]

Leave it to Yahoo to have on pure shitcoiners to talk about the halving.

[@davidgamble4004]

how do you take advantage of bitcoin? buy it.

[@marceldekker2149]

Printing bitcoins 😂😂😂

[@PeterParker-wj3cr]

This halving will probably have very little impact on the price. Since the information is so mainstream at this point.

[@amnotselling]

Yeap

[@marceldekker2149]

Dubbel top