A new Bitcoin price prediction model created through machine learning is predicting that the BTC price will begin to head higher in the coming months, and will hit around $15,000 by the time of May 2020’s block reward reduction aka Bitcoin halving. This model implies that Bitcoin will rally by 25% to $10,000 by mid-November, hit a local peak at $11,500 by January, and then dip back down to $11,000. Should the model play out 100% in full, Bitcoin will rally by some 90% from the current price of $8,000 to hit $15,500 by the approximate date of the halving in May 2020. In other cryptocurrency news today, the XRP price exits downtrend to hit a new three-week high.