Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern

Cointelegraph

Published Aug 20, 2020 04:45AM ET

Updated Aug 20, 2020 01:00PM ET

Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows.

In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that Bitcoin still has huge room for growth at current levels of $11,700.

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