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After halving, bitcoin believers expect a rally in 2020

After halving, bitcoin believers expect a rally in 2020

Bitcoin investors believe the world’s biggest cryptocurrency is in for material gains in 2020 due to a network quirk. The halving — or sometimes referred to as the halvening, in a nod to the fantasy film and TV franchise ‘Highlander’ — is due on or around May 18 and is the process in which the reward Bitcoin miners receive for creating fresh Bitcoins will be cut in half.