Bitcoin Is Expected To Break Records In 2020 Based On The Following 4 Elements

Their combination will create the perfect conditions for a strong bull market.

The year 2020 has only just begun and all eyes are already on the middle of the year in the world of Bitcoin. Indeed, the third Halving in the history of Bitcoin will take place during the month of May 2020. The decrease of the reward for miners from 12.5 BTC to 6.25 BTC will necessarily have a strong impact on the price of Bitcoin.

In fact, the Bitcoin Halving has been expected for many months. This event is so much expected that some would even think that it will not have the effect that the majority of Bitcoiners expect on the price of Bitcoin.

Some believe that the upcoming Halving has already been incorporated into the current Bitcoin price. In my opinion, this is not the case. In addition, other elements will combine with this Halving of Bitcoin in 2020 to create the perfect conditions for a very strong and record breaking bull market for Bitcoin.

Taking into account the Bitcoin Halving, these elements are four in number and I will detail them in the following.