Bitcoin Dumps Again, Will BTC Halving Really Be Its Savior in 2020?

The chances of an end of year ‘Santa rally’ for Bitcoin are slipping away. Its half year down trend has been maintained and does not look like reversing before the year is out. All hopes are now being pinned on the BTC halving in May next year, but will it really be the lifeline everyone wants?
Bitcoin Dumps Again
A couple of hours ago Bitcoin fell out of its three day consolidation channel and dumped to $7,100 according to Tradingview.com. At the time of writing it was trading just