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Tag Archives: rekt capital

Bitcoin Price Will Reach $400,000 after Halving If History Is to Be Taken into Consideration

Bitcoin price is always largely influenced by the halving. Bitcoin’s halving is easily the most anticipated event in the crypto industry today. The next halving is expected sometime in May 2020 and many believe it will spark the next Bitcoin rally. Since late last year, there have been many forecasts about what the halving will do for the king coin. A new report has now suggested what is probably the most bullish forecast for the world’s number one asset. According to Beincrypto, Bitcoin will...

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Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?

In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve algorithms and mine blocks.That development means that the weak miners and those that encounter high operating costs are constantly going out of business. The new move does not go well with the bitcoin...

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