The biggest impact of Bitcoin’s halving is its price, which is also closely concerned by many investors. According to the relationship between supply and demand, if demand increases and supply decreases, prices will rise. If demand remains the same or increases, then after the supply of Bitcoin decreases, its price is bound to rise. At present, only 1,800 Bitcoins can be produced per day, which will be 900 after the halving. It is also twice as difficult for miners to produce Bitcoins. In this process, the inflation rate has dropped to 1.73%, lower than the current 3.93%, and its annual inflation rate will be lower than that of gold for the first time. However, the fluctuation of Bitcoin’s price doesn’t follow an ideal model but is affected by many factors. In the past two Bitcoin halving events, the price trend showed an opposite trend in the short term. When the first Bitcoin halving occurred in 2012, its price was $12.6, and it climbed 7% in the following month, but fell by 1...