As the outlook for bitcoin grows increasingly bearish, some analysts are concerned that the leading cryptocurrency may not experience a price surge fueled by the May 2020 block reward halving. Bitcoin (BTC) barely managed to hold $8,000 support on Tuesday. Data from CoinMarketCap showed BTC/USD bounce off lows of $8,077 on Tuesday, after its gains were eroded over the weekend. On Monday, a sudden dip took the pair below $8,100 for the first time since late October. The price has since been fluctuating around that level, Cointelegraph reported. At the time of publication, Bitcoin had risen back to $8,151, with daily ... (full story)