The post Bitcoin (BTC) Price Can Surge 500% If This Historical Price Movement Repeats appeared first on Coinpedia Fintech News
Bitcoin, presently trading at $29,735, is poised for a potential 500% price growth cycle, according to several experts, as the next halving event approaches. The halving cycles, occurring every four years or after 210,000 blocks are mined, have historically had a significant impact on Bitcoin’s value. During these events, the block reward miners receive is …