Analyst Argues a Bitcoin “Perfect Storm” is Brewing Thanks to BTC Halving and ECB Economic Policy7

According to reports, the European Central Bank is preparing to cut interest rates and print more money this autumn. The move comes less than one year from the historic Bitcoin halving event.

To put this in layman’s terms, the number of Bitcoin being introduced into the market via mining will be cut in half at the same time as the supply of euros circulating in Europe will increase. One Bitcoin market analyst has described this as being the “perfect storm” for Bitcoin.

Original source
https://www.newsbtc.com/2019/06/18/bitcoin-perfect-storm/

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