Bitcoin ‘Halving’ 2020: What Will the Price of Bitcoin Be?

The halving, the 50 percent reduction in block rewards on the Bitcoin network, is only two years away. Unless there is an abnormal change in hashrate, the reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020. The burning question is what effect will the block reward reduction have on the price of Bitcoin (BTC)? A Little Bit of History Bitcoin is less than a decade old. Thus, history might not … Continue reading Bitcoin ‘Halving’ 2020: What Will the Price of Bitcoin Be?