Bitcoin Surged 10x After 2016 Halving; Will 2020 See a Similar Result?

2019-5-20 20:00

By CCN: In about every four years, the Bitcoin blockchain network experiences a block reward halving, a mechanism that reduces the rate in which new bitcoin is generated or mined by miners. The block reward halving has typically served as a key fundamental factor behind the dominant cryptocurrency’s major rallies.

Price one year before first halvening : $2. 55 Price one year after first halvening : $1,037 Price one year before second halvening : $268 Price one year after second halvening : $2,525 Price one year before the third halvening: $7,100Price one year after the third halvening: — The Rhythm Trader

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Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May

Bitcoin (BTC) Could Rally One Year Away From 2020 Halvening Crypto is just three weeks into 2019, but the price predictions and forecasts are already well underway. On Wednesday, as news broke that CBOE, VanEck, and SolidX had effectively retracted their Bitcoin (BTC) exchange-traded fund (ETF) proposal, crypto analyst Moon Overlord took to Twitter to […] The post Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May appeared first on Ethereum World News.

2019-1-24 09:00