Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD ‘bottoming’ at $3000 just before the event. The trend would continue three previous cycles in Bitcoin , the cryptocurrency nowRead MoreThe post Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020 appeared first on Bitcoinist.com.
