Drugs Gold Oil

What will be the price of Bitcoin after May 2020 halving?

For all those that are familiar with Bitcoin and this coming May 2020 halving “November 28, 2012: The first Bitcoin halving takes place to reduce mining rewards to 25 BTC. July 9, 2016: Second halving takes mining reward down to 12.5 BTC. 2020: The third halving will see the reward fall to 6.25 BTC.”

what is bitcoin halving? “What is Bitcoin halving? An event that halves the rate at which new Bitcoins are created. It occurs once every four years. As many know, Bitcoin’s (BTC) supply is finite. Once 21 million coins are generated, the network will stop producing more.”

According to fxstreet it said one of the article “

Bitcoin price renews the uptrend after stepping past the 50-day SMA.
A break above $7,200 could pave the way for the anticipated gains targeting $9,000 amid the halving in May.

    Unknown feed name bitcoin used
Click to rate this post!
[Total: 1 Average: 5]

Leave a Reply

Your email address will not be published. Required fields are marked *