The price of bitcoin has been heading south over the past three months, but one quant analyst that goes by the name of PlanB on Medium predicts that the flagship cryptocurrency could surge in the coming days.
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Bitcoin halving will send the price soaring
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As things stand, 18 million tokens have already been mined. This means that there are only 3 million bitcoin tokens remaining for mining. Adding to the scarcity is the belief that somewhere between 14% and 19% of all bitcoin mined has been lost or stolen.