According to PlanB – Bitcoin history strongly indicates that the leading cryptocurrency will burst out just after it’s next halving in May 2020.
Halving happens after every four years which effectively cut the amount of new supply of BTC entering the Bitcoin market. Well according to one of the most followed analysts on twitter – BTC’s previous two halvings were boosted by the price.
According to the PlanB model – it indicates that $100 K will likely happen nearby 2023, but this prediction received plenty of critics from the market economist and analyst.
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