Bitwise CIO believes market has not priced in future demand fo | • CRYPTO NEWS • #BTC • #ETH •
Bitwise CIO believes market has not priced in future demand for Bitcoin post-halving
Bitwise CIO Matt Hougan cast doubt on whether current prices truly capture the potential impact of increased demand following Bitcoin’s upcoming halving based on the Efficient Markets Hypothesis (EMH). Hougan raised critical questions about the limitations of EMH in anticipating what the market will be like post-halving. He pointed out that while EMH suggests that Bitcoin’s current price reflects all available information, including the anticipated supply cut from the halving — it does not account for unexpected shifts in market demand.
