Bitcoin makes its comeback? When I write this post, the price of 1 bitcoin is USD 8900 after reversal from 9000. Many speculant says that this is due to the bitcoin halving in the near furute. Maybe in 1 or 2 weeks. Based on history, after the halving, bitcoin price can surge hundreds percent. This 2020, bitcoin halving will be the third after 2012 and 2016. I start trading bitcoin after the second halving. I was lucky because I join when the bull market happens. Actually I have converted my bitcoin to altcoin, Stellar. I have calculated the history in 2017, when BTC bull market, stellar can makes about 90x from the lowest price. I hope 2020 or 2021 can repeat the history.
This is a good explanation about Bitcoin Halving event.