Bitcoin Block completed the reward Halving on April 20, the process was rather uneventful and the price did not big pump big dump, Bitcoin the price only climbed from $63,000 to around $66,000, which is not much change.

The first is the supply Halving, investors are optimistic about its scarcity, and the price will rise to pump; the second is that the Miner will have higher requirements for cash flow because of the 50% Slump income, and will tend to sell the Bitcoin of inventory in exchange for cash flow, resulting in coin price big dump, which has obviously been reflected.Bitcoin Halving

In an interview with CNBC Squawk Box, Matt Hougan, chief investment officer at encryption asset manager Bitwise, noted that Bitcoin prices Rebound sharply after the Halving, so this is a "news buy" event, especially in the long term. Matt Hougan also said that the reason for Bitcoin's price rebound in the year following the past three Halving is the supply crunch in the months following the Halving.

The next wave will wait until the US stock market opens out of the direction, the scale growth of Bitcoin ETF is still the main growth momentum of the current Bitcoin price, and it depends on whether the next funds will continue to flow into Bitcoin ETFs to offset the expected impact of the Fed's high Intrerest Rate policy.

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