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Why The Next Bitcoin All-Time High May Not Be As High As Many Expect

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Bitcoin has had wild swings throughout its burgeoning life but 2019 was generally a great year. The price climbed by over 86% from $3ks to $7,200 by the end of that year. Over the same period, BTC’s hash rate rose from around 42TH/s to over 100TH/s, representing a 140% jump.

Bitcoin started this year with a bang. The flagship cryptocurrency has gained more than 23% year-to-date, and we’re just 18 days into 2020. This stunning rally stirred up speculations about what the asset can achieve. And with the reduction in mining rewards expected in May, some analysts argue it ...

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