069: BTC Halving 2020 | Two Years of Upside? Bitcoin Yearly Candles Hint Explosive Price Growth Incoming

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - December 03, 2019 15:12 - 12 minutes - 5.94 MB - ★★★★ - 537 ratings
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Previous Episode: 068: 3 Key Metrics Suggest Bitcoin Price Has Completed Its Macro Bear Cycle | Altcoin Apocalypse?!

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With the next BTC halving 2020 event just 5 months out, the Bitcoin price might be a long way off its 2019 high of almost $14,000 but this year has still seen the BTC price gain 94%. The year opened with the leading cryptocurrency trading at just below $3,800, considerably less than its current price of around $7,300. Although yearly price data is clearly limited, if previous years are anything to go by Bitcoin (BTC) looks set to post two more years of gains. There seems a pattern emerging that sees a year of decline follow three years of upside.