The main reasons for the Bitcoin price rise in future

The trade war between the US and China

  • May 13 — China announced a tariff increase on $60 bln. worth of American goods. Bitcoin surged 139%.
  • June 25 — the US planned to delay extra tariffs on Chinese goods. Bitcoin rose by 40%.
  • August 13 — the US delayed setting extra tariffs on Chinese goods because of health, safety, national security and other reasons. BTC rose 123%.

Institutional demand

A decreasing supply

The halving is on its way

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