Bitcoin Price Could Hit the $14k – $20k Range Around Next Halving: Analysis

Based on historical patterns, Bitcoin’s price could go through a narrow price range, soon before the block reward halving. Bitcoin price will most probably move in the $14,000 – $20,000 price window around May 2020, based on a convergence analysis of the S/F pattern.

Quant analysis by Plan B was used to chart the particular BTC price pattern, revealing a long-term convergence to a certain range. Beyond the wild Bitcoin price rallies in the past, BTC also had periods of relative stability and slower overall growth.

Timeline of Bitcoin, Quant