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Bitcoin investor and author Jesse Myers predicts that Bitcoin (BTC) will only hit six figures after its 2024 block subsidy halving, not before. Myers, who is co-founder of Bitcoin investment firm Onramp, believes that the market will only "price in" the halving post factum. He argues that the Efficient Market Hypothesis (EMF), which states that markets always reflect the true state of a given asset, is "wrong." Instead, Myers claims that the market will price-in the changed reality over the 12-18 months post-halving. This contrasts with some recent forecasts for how BTC price action will evolve in the coming months and beyond.

Bitcoin investor and author Jesse Myers predicts that Bitcoin (BTC) will only hit six figures after its 2024 block subsidy halving, not before. Myers, who is co-founder of Bitcoin investment firm Onramp, believes that the market will only "price in" the halving post factum. He argues that the Efficient Market Hypothesis (EMF), which states that markets always reflect the true state of a given asset, is "wrong." Instead, Myers claims that the market will price-in the changed reality over the 12-18 months post-halving. This contrasts with some recent forecasts for how BTC price action will evolve in the coming months and beyond.

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