{"id":54075,"date":"2020-02-23T22:47:22","date_gmt":"2020-02-23T20:47:22","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=54075"},"modified":"2020-02-23T22:57:34","modified_gmt":"2020-02-23T20:57:34","slug":"mid-2020-mark-start-bitcoin-rally-past-20000","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/mid-2020-mark-start-bitcoin-rally-past-20000\/","title":{"rendered":"Mid-2020 Likely to Mark Start of Bitcoin’s Bull Run Past $20,000"},"content":{"rendered":"
In just a few months’ time<\/a>, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls.<\/p>\n This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which the price of BTC and other digital assets doubled, trebled, and so on and so forth.<\/p>\n According to a number of analyses, the 2020 halving may kick off another Bitcoin bull run, just like its predecessors.<\/p>\n A prominent analyst going by TradingShot recently published an analysis through TradingView<\/a>, in which they depicted Bitcoin’s “Golden 51%-49% Ratio,” which shows how bull markets develop.<\/p>\n The Ratio suggests that BTC sees two phases to its bull cycles: 1) the 51% phase, the rally from the bottom, the first correction, and then the halving; and 2) the 49% phase, marked by a parabolic surge that ends in a blow-off top.<\/p>\n According to the Ratio, TradingShot wrote, Bitcoin<\/a> is nearing the completion of the 51% phase, which will be marked by the halving in May 2020. After that, a stronger rally should start that will end in October 2021.<\/p>\nThe Real Bitcoin Bull Run Could Start After Halving<\/strong><\/h2>\n