Berenberg Expects MicroStrategy Stock to Soar After Bitcoin Halving
Berenberg predicts that MicroStrategy's stock will benefit from the expected pattern of bitcoin's price gains before and after the next halving event. The previous halving events have shown that Bitcoin's price rallies about six months prior to the event and continues to accelerate in the following year. The next halving is expected in the second quarter of next year, and if the pattern repeats, a pre-halving rally could begin in about four months.
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Berenberg Expects MicroStrategy Stock to Soar After Bitcoin Halving
Berenberg predicts that MicroStrategy's stock will benefit from the expected pattern of bitcoin's price gains before and after the next halving event. The previous halving events have shown that Bitcoin's price rallies about six months prior to the event and continues to accelerate in the following year. The next halving is expected in the second quarter of next year, and if the pattern repeats, a pre-halving rally could begin in about four months.