Kyle Samani, co-founder of Multicoin Capital, tweeted his thoughts on the change in the price of bitcoin after halve, saying that halve production is the ultimate positive for the price of bitcoin.
In a series of 17 tweets on Twitter, Kyle explained his view that when bitcoin is halved, seller pressure is reduced, and the marginal demand after the halving causes bitcoin prices to rise. Meanwhile, Kyle expects bitcoin prices to fluctuate in the two months before and after the halving.
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