Summary
TLDR: Coinbase Institutional released a handbook for investors ahead of the upcoming Bitcoin halving. Previous halvings have shown mixed results, with some leading to significant price increases. Analysts believe the current cycle resembles the 2018-2022 period, and there are bullish signs for the upcoming halving. However, caution is advised as historical evidence on the impact of halvings is limited. Long-term holders may not sell into strength, but miners and bankrupt companies may increase selling pressure.
Key Points
1. Coinbase Institutional released a primer for investors ahead of the upcoming bitcoin halving.
2. The fourth bitcoin halving is scheduled to occur in mid-April, reducing miners’ rewards to 3.125 bitcoin per block from 6.25.
3. Coinbase’s handbook for institutional investors explores past halving trends and potential impacts on bitcoin’s performance leading up to and following the event.