Reflections on Bitcoin at the Third Halving – Bitcoin Magazine

For only the third time in history, Bitcoin’s mining subsidy was cut in half this month. It was a moment that garnered attention from around the world, reminded us of the protocol’s programmable scarcity and inherent value proposition and gave some of the space’s technological and cultural principals reason to reflect on the past and future. Further Reading: What Is the Bitcoin Halving? Bitcoin Magazine’s BitcoinHalving.com live stream, held for 21 hours continuously around the third Halving, shared some of these reflections with thousands of viewers and created a broadcast…

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A $20,000 Bitcoin is Possible According to This Bullish Fractal

An accurate bitcoin fractal from 2019 shows its price at or above $20,000 by the end of 2020. The cryptocurrency is forming ascending price channels after each successive upside move, signaling continuation to the upside. Their occurrence alongside other bullish fractals last year shot the price up by more than 150 percent. Bitcoin is going to hit $20,000 by the end of this year, according to a precise technical pattern. The benchmark cryptocurrency is currently trending inside a rising channel, confirmed by the formation of more than two reacting highs…

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