Bitcoin prices will rally sharply this year, moving toward the $20,000 level, according to a recent Bloomberg analysis. The analysis, which focused on the digital currency’s market history and appeared in the latest edition of The Bloomberg Crypto Outlook, stated that: “Bitcoin is mirroring the 2016 return to its previous peak. That was the last time supply was halved, and the third year after a significant peak.” “After 2014's 60% decline, by the end of 2016 the crypto about matched the 2013 peak,” the report noted. “Fast forward four years and the second year after the almost 75% decline in 2018, Bitcoin will ... (full story)