Bitcoin mining difficulty is directly proportional to the hashrate, or so it the popular theory. The next halving event is scheduled for April 2020 owing to the increased hashrate. The year 2020 will be marked as a vital milestone in Bitcoin (BTC) history as it reaches its third (3rd) halving. The halving is preceded by a very ensuing year, 2019, consisting of varying market trends for Bitcoin. The year, 2019 commenced with a bullish trend for the king of cryptocurrency, whereas the entire stock market experienced an extremely bearish wind. This bullish trend helped maintain the stability of the cryptocurrency.
