
April 18th, 2025
Only 19 days are left before the long-awaited Bitcoin halving. BTC mining difficulty sets to hit an all-time high, as a result, many miners may stop their business activities for a while.
On Monday, April 20, 2020, Bitcoin (BTC) price dropped below $7,000. The fall comes amid coronavirus pandemic as findings by new research shows that clear regulation has a direct effect on Bitcoin price volatility.
With Bitcoin halving set to take place on May 12 and 22 days left, institutional investors are catching the fever and can’t help taking advantage of the crypto asset’s huge opportunities.
With Bitcoin halving 2020 in just 26 days, what can we expect? Will the asset meet the overwhelming expectations or will it stay at the same price level?
More and more users turn to Google to find out what the Bitcoin halving event means. But will the halving really boost BTC price? Now it’s trading below $7,000.
Will the Bitcoin halving event still happen? Many people think it won’t but it will still occur and bring a lot of surprises with it as well.
It is said that Bitcoin (BTC) price may move higher thanks to the upcoming Bitcoin halving event which is expected to happen in 34 days.
Commentators and analysts are convinced that that Bitcoin price is seemingly getting ready to rally after reaching a critical price level of $7,430 with the BTC halving event looming.
Bitcoin is believed to enter the miner capitulation stage, where hash rate and price drop significantly. However, some researchers claim that Bitcoin price is independent of the halving cycles, as well as of hash rate.
Though Bitcoin (BTC) is experiencing its worst sell-off in the last 7 years, the smart money is preparing for a golden bull run after the next halving that is said to happen in 43 days.
Yesterday, it was the second time during the week when Bitcoin performed a deep dive. The short positions must be very profitable as Bitcoin’s volatility makes it bounce back to $6,200. Experts claim the $5,000 level is possible.
Bitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off. Halving will happen roughly on 13 May 2020. Traders accumulate BTC.
Bitcoin price is heading towards $6,800 levels, as the U.S. stock market awaits $2 trillion help from the government. The American economy is at the free fall, but the quick and efficient measures like the stimulus package and medical care are saving lives and stock markets.
The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.
All eyes are on Bitcoin halving scheduled in mid-May 2020 to retrieve the lost glory of Bitcoin. Amid the COVID-19 outbreak, Bitcoin price has corrected over 40% in just the last month.