Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May

News BTC | Aug 25, 2019 at 12:00 PM
  • In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”.
  • More specifically, nine months prior to 2012’s halving, BTC traded at $5; during the halving, it was at $12.
  • With this in mind, Lee concluded by stating that Bitcoin is likely to end the year a lot higher than it is now, potentially at its all-time high of $20,000 or at a fresh high.