NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Looking Towards the Bitcoin Halving: Will BTC Price Pump in 2020?

Rick Delafont
Rick Delafont
1 year ago
2 mins read
bitcoin halving

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The number of BTC awarded to miners for adding blocks to the Bitcoin blockchain is set to decrease next year. These so-called halving events occur about every four years and are part of the cryptocurrency’s distribution schedule.

The next halving, expected in May of 2020, will be Bitcoin’s third. The previous two halvings resulted in huge surges in BTC price in the months that followed them.

Will Bitcoin Rally Following the 2020 Halving?

Bitcoin was originally designed with a hard and fast supply distribution schedule. Every 210,000 blocks mined by the Bitcoin network, the number of Bitcoin awarded to miners for successfully adding a block to the blockchain decreases. In 2009, block rewards were 50 BTC. After four years, this decreased to 25, then to the current reward of 12.5 in 2016.

The number will reduce once again to 6.25 BTC next year. Previous having events have been followed by steep run ups in Bitcoin price. From a theoretical perspective, this makes sense. Equal or increased buying pressure with few new coins hitting the market will make the price rise.

We can not predict the future but we can learn from the past:

The two previous halvings (blue dots) leaded a massive surge on #Bitcoin price.

We are getting closer to the third one. pic.twitter.com/7LKdedyksu

— Crypto Rand (@crypto_rand) September 9, 2019

Using a stock to flow model, the Twitter cryptocurrency analysis account CryptoRand charts that the 2020 halving might see prices soar as high as $100,000 per Bitcoin, if the previous halving events are anything to go by.

Meanwhile, other popular trading analysis Twitter accounts have drawn even more bullish conclusions based on previous performances following Bitcoin halving events. Rekt Capital identifies that Bitcoin price rose over 13,000 percent following the first halving and 12,000 percent after the second. If Bitcoin was to rally by similar percentages from its current ~$10,000 price point, the eventual top may be between $385,000 and $425,000.

How much has #Bitcoin rallied as a result of each of its Halvings to date?

Halving 1:

+13,378%

Halving 2:

+12,160%

If Bitcoin rallies anything between 12,160 – 13,378% as a result of Halving 3…

The price of one Bitcoin will be $385,000 – $400,000#Crypto

— Rekt Capital (@rektcapital) September 7, 2019

Despite the knowledge of the halving being freely available to anyone that cares to read about Bitcoin, there is evidence to suggest that some high net worth investors do not know about the halving or its potential implications. With known events, there is a tendency for a market to price news in prior to its delivery. However, Grayscale Investments stated this summer:

“We were surprised to learn that many [clients] were not even aware of this event.”

Cryptocurrency market commentator Joseph Young concluded that the halving may not be priced in and the BTC price may still react positively to the event:

According to Grayscale, many investors are not aware of the bitcoin block reward halving. As such, it still remains a key factor for the price and it is not completely priced in.

"We were surprised to learn that many of them were not even aware of this event." (Grayscale) pic.twitter.com/Fg7A7SWJYt

— Joseph Young (@iamjosephyoung) June 7, 2019

Interestingly, Litecoin recently had its own halving event. Whilst the altcoin experienced a run up in price out of tandem with the rest of the cryptocurrency market in the weeks leading up to the halving, since the supply of new Litecoin entering the market has reduced, the price has crashed more spectacularly versus Bitcoin than any single top ten crypto asset:

Litecoin has performed poorly versus Bitcoin since its halving earlier this year.

 

Related Reading: Crypto Analyst: Bitcoin Price Could Be Trapped in Tight Range Until Halving

Featured Image from Shutterstock.
Tweet123Share245ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Prezzo di Cardano in Rialzo, ADA Tenta la Rottura Oltre i 0,59$

Il prezzo di Cardano ha iniziato una nuova fase di crescita partendo dalla zona di supporto a 0,5650$. Attualmente ADA...

clararosati 3 hours ago
Ethereum Risks Downside If Resistance Holds: $2,700 Level Is Critical

Ethereum Risks Downside If Resistance Holds: $2,700 Level Is Critical

Ethereum is trading above the $2,500 level, showing notable strength despite recent volatility across the broader crypto market. Since early...

Sebastian Villafuerte 3 hours ago

BTC Bull Token tiek palaists šodien – jaunā kriptovalūtas sensācija ar bezmaksas Bitcoin atlīdzībām

BTC Bull Token oficiāli tika palaists šodien un jau raisa lielu interesi Bulgārijas kripto investoru un Bitcoin entuziastu vidū. Tikai...

lasma 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XLM

XLM Traders, Beware! Stellar’s Funding Rate Is Plummeting

Christian Encila 39 minutes ago

Анализ ликвидности BTC: $107 000 и $110 500 станут целями

lisachaikina 2 hours ago
defi

DeFi coin rankings schudden op – Hyperliquid, Sui en Avalanche breken door naar top 10 lijst

Lars Diederiksen 2 hours ago

Premium Sponsors

Press Releases

  • XRP срещу Shiba Inu Коя криптовалута има по-голям шанс да създаде милионери

    XRP срещу Shiba Inu: Коя криптовалута...

    36 minutes ago
  • top memecoins

    Những Meme Coin Tiềm Năng Đáng Mua Hiện Nay Với...

    2 hours ago
  • Potential Coins

    Các Đồng Coin Tiềm Năng Mới Nhất: Enfineo...

    2 hours ago
  • 4 Altcoin Hàng Đầu Được Chuyên Gia Dự Đoán...

    3 hours ago
  • mining

    W·Mining integrates innovation and launches a new...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.