Bitcoin will be valued much higher by the end of 2020, the world's largest cryptocurrency, has a key year 2020, which is waiting for one of the most important events in May - halving the prizes.
Halving will take place in May 2020. In the graph below, we can see how the BTC price reacted after earlier halving the prize.
As you can easily see, BTC goes through cycles, so far there were three and whether the fourth will happen now.
The graph shows speculation about what price we can achieve during the fourth cycle.
Is this real? I don't know, but I know one thing that BTC has shown more than once that it can be unpredictable.
The more that in the world we are struggling with inflation and Bitcoin is deflationary, i.e. the reverse of inflation, every four years the amount of coins in circulation is reduced by half. So, if you don't want to, the price will go up because of pure mathematics. We have over 25 million millionaires in the world, if each of them would like to have one Bitcoin, unfortunately it would be missing for everyone because the number of coins is limited and there will be only 21 million.
Not to mention the coins whose owners lost their keys, it is estimated that there may be about 5-6 million of them, however, this is unconfirmed information.
And what do you think about it or Btc will again be the best investment of the decade.
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