What to Expect When You’re Expecting... the Bitcoin Block Halving

Cointelegraph

Published Apr 02, 2020 04:36PM ET

Updated Apr 03, 2020 03:20AM ET

Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane.

“On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which was followed by a massive decline,” Bill Herrmann, CEO of alternative investment banking firm, Wilshire Phoenix, told Cointelegraph in an email on March 10.

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