The global investment bank, Jefferies Group, which has an asset of about $ 50 billion under management, suggested in a note sent on April 30 to investors to buy Bitcoin before the split. According to The Block, the company’s global share strategy chairman, Chris Wood, said in the note, “Halfway should increase upward pressure on price if it is assumed that demand for Bitcoin will continue to increase, as after the block prize halves in 2012 and 2015.” used expressions. Moreover, Wood thinks that Bitcoin should be used as a source of diversification in an investment portfolio and says: “Because of its decentralized nature, Bitcoin should be used as a source of diversification in portfolios, like gold. This feature, coupled with constant supply, makes it a hedge against nominal money manipulated by the central bank. ” The expected block reward halving will take place this month. The 12.5 BTC reward currently given to miners will be reduced to 6.25 BTC. Currently, 1800 BTC is generated per day. This amount will decrease to 900 after the halfway, which means that the sales pressure caused by the newly produced BTCs will be halved. Bitcoin showed a significant rise 45 days before halving. The largest cryptocurrency has gained 33 percent since March 23. According to the Somagnews Bitcoin halving counter, there are approximately 11 days to halfway.
