According to BlockBeats, on September 16, crypto analyst PlanB posted on social media, "The market is still trading sideways, with a trading range of around 60k, and I can re-enter the market. In addition, Bitcoin is in a bull market, but the rise has not yet come. Miners are still struggling to cope with the consequences of halving. We need the price of Bitcoin to double again to start the bull market." Willy Woo, a well-known cryptocurrency analyst, commented below his tweet, "At the current BTC pricing, only the latest models of mining machines will be profitable after the halving. As the chart shows, now is usually a good time to buy BTC (and use the latest generation of hardware for mining)."

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