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2019-12-21 06:06:12

Bitcoin halving in 2020 doesn’t guarantee a higher BTC price

Bitcoin halving in 2020 is predicted to set in the next bull run. However, the upcoming Bitcoin halving in mining rewards is not likely to cause any significant spurt in the price of the virtual currency. The only data that backs this prediction is the historical precedent that comes for granted with such events. However, the price rise or fall depends on many other factors. A cryptocurrency research group called Messari has undertaken extensive research and concluded that the upcoming Bitcoin halving in 2020 though fundamental will not cause any significant uptick in the price. The impact will be fundamental