Bitcoin production successfully ushered in the second halving, and the price fluctuated violently

As of now, the 420,000th Bitcoin block has been mined, and the block reward has ushered in the second halving. The current block reward has been successfully reduced to 12.5 BTC. Since the previous halving occurred at the 210,000th block, the currency inflation at that time dropped from 12.5% ​​to 8.3%, and the 420,000th block reduced it by 50% again to 4.17%. The next halving will occur at the 630,000th block, about 4 years later.

The information of block 420,000 is as follows:

{
“hash”: “000000000000000002cce816c0ab2c5c269cb081896b7dcb34b8422d6b74ffa1″,
"confirmations": "1",
"height": "420000",
“version”: “536870912″,
"merkleroot": "028323a5bcacb0057274ee0a4366e5671278bc736b57176d9bb929c3a69e0ffa",
“time”: “1468082773″,
“nonce”: “2193437364″,
"bits": "180526fd",
“difficulty”: “213398925331.324″,
"previousblockhash": "000000000000000003035bc31911d3eea46c8a23b36d6d558141d1d09cc960cf",
}

Coinbase transaction: 16.66666666 BTC + -3.59096985 BTC in transaction fees (This information is from blockchain.info, which has been proven to be inaccurate and has been corrected by insight.bitpay.com.)

Actual coinbase transaction: 13.07569681 BTC + 0.57569681 BTC in transaction fees.

Block size: 999.838 KB
Transactions: 1257
Total Bitcoins: 15,750,000
Remaining Bitcoins: ~5,250,000
The time taken for this halving is: 3 years, 7 months, 11 days, 1 hour, 21 minutes and 35 seconds.

It is worth mentioning that the miner who mined the 420,000th Bitcoin block was "zzhhzz" from F2Pool. As the "winner", he also received an additional 1BTC as a reward. In addition, the signature message of the block is: "Chandler Guo loves YangYang Jin" (Guo Hongcai loves Jin Yangyang, congratulations to Mr. Bao, the fourth child is definitely a son!)

Regarding this halving, the market experienced a large fluctuation. About an hour before the halving (00:00 am Beijing time), the price of the coin dropped from 4400 to 4158. After the successful halving, the price of the coin began to rise and has now recovered to 4350 yuan. What do you think about the subsequent trend?