Bitcoin Halving 2020 Explained | Price Explosion or Implosion?

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Less than two weeks from now, one of the most anticipated events in the world of cryptocurrency trading is scheduled to take place – the Bitcoin Halving. The Bitcoin Halving 2020 date isn’t set in stone, but it is rapidly approaching, with experts expecting it to be somewhere within a week or two from now. Therefore, it’s important to understand the significance of this major event, in order to also make sense of the current Bitcoin Halving price prediction.

The Halving of the first cryptocurrency is designed to ensure its scarcity and thus protect it from inflation. It is pre-programmed to occur once every 210,000 blocks, and so far the Bitcoin Halving history chart has seen two such events: in 2012 and 2016. Hence, you can see from the Bitcoin Halving history (and the extrapolations stemming from it) that this event happens roughly every 4 years.

Be sure to watch the full video for our detailed take on the upcoming Bitcoin Halving May 2020. And let us know if you agree with our Bitcoin Halving 2020 price prediction.

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Crypto Investing
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