Sunday, August 15, 2021

It seems Crypto events are rarely "priced in". (Discussion)

Case Study 1 (Bitcoin Halvings)

Bitcoin halving dates are already known and essentially fixed. However, despite that every time halvings occur, the price increases to the extent of starting a new bull run.

Hence, it is quite clear that Bitcoin Halvings are not "priced in".

Case Study 2 (EIP-1559 of Ethereum):

It's quite clear that EIP-1559 wasn't priced in. Also, "selling the news" didn't affect the price negatively at all.

If we look at the charts, all we see is a pump starting from late July, all the way to the present day (mid August).

July 20 price: $1786

August 14 price: $3266

That's a 80% pump!

Curious question: Are there any examples in crypto of an event priced in?


No comments:

Post a Comment