CoinGecko co-founder: if Bitcoin price doesn't rise in 2020, it may put miners in trouble

According to AMBCrypto news, Bobby Ong, co-founder of crypto analysis website CoinGecko, said that although Bitcoin miner rewards will be reduced after halving Bitcoin, ideally prices should have risen sharply. However, as this did not happen, many miners fell into anxiety. Although several miners hope to sell more hardware equipment, the price of Bitcoin cannot support it. In addition, he also pointed out that if the price of bitcoin does not rise next year, mining giants such as Bitmain and Jianan may be in trouble. "We are very worried that if the price does not rise, many miners may shut down their businesses."