Around every four years, the Bitcoin blockchain network encounters a block reward halving, a mechanism that reduces the rate in which new bitcoin is generated or mined by miners. The block reward halving was used as an explanation factor behind the dominant cryptocurrency’s major rallies. Price one year before first halvening : $2.55 Price one year after first halvening : $1,037 Price one year before second halvening : $268 Price one year after second halvening : $2,525 Price one year before the third halvening: $7,100Price one year after the third…
Will Bitcoin Price Follow It’s Beaten Path to $20,000?
