RATE Group | Bitcoin halving ‘event’ inspires record price predictions
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Bitcoin halving ‘event’ inspires record price predictions

30 Apr Bitcoin halving ‘event’ inspires record price predictions

Posted at 10:41h in Bitcoin News by

On 18 December 2017, after nearly two years of sustained gains, the price of bitcoin reached an all-time high of $20,000. Just over 17 months prior to the record value being hit, the cryptocurrency had undergone a rare event called a halving, which some analysts claimed had a profound effect on the market.

Bitcoin is now less than two weeks away from its next halving, and analysts are once again saying that another rally is about to happen. This time, the bull run it triggers could dwarf anything that’s come before, some have claimed.

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