According to a recent analysis conducted by a Bloomberg researcher the Bitcoin price is likely to grow by leaps and bounds this year, and there are two main contributing factors to the same. As the world makes a gradual shift towards quasi-independent currencies that thrive on decentralization and sovereignty, cryptocurrencies like Bitcoin are set to win the adoption race, given the existing environment that favors store-of-value assets. Bitcoin price to hit record highs in 2020, report A Bloomberg report suggests that Bitcoin price will experience a surge, mainly because of two reasons – a fixed supply of twenty-one million coins