Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 202047.19

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.

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.

Original source
https://bitcoinist.com/halve-bitcoin-btc-price-forecast-3k-2020/

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