BlockBeats news, on September 16th, the encryption analyst PlanB wrote on social media, "The market is still consolidating laterally, with a trading range of around 60k, and I can re-enter. In addition, BTC is in a bullish market, but the increase has not yet arrived. Miners are still trying to cope with the consequences of the halving. We need BTC price to double again to start the bullish market." Famous cryptocurrency analyst Willy Woo commented below his tweet, "At the current BTC pricing, only the latest models of mining equipment can be profitable after the halving. As shown in the chart, now is usually a good time to buy BTC (and mine using the latest generation of hardware)."