After evaluating the data obtained from the cryptocurrency media, the digital asset replacement data provider The TIE found a correlation between the Bitcoin market price and the media's mention of the upcoming halving.
The TIE CEO Joshua Frank said, "We noticed that the reduction in the number of halves mentioned last fall seemed to be related to falling prices. Since the media mentioned that halving has reappeared, Bitcoin has seen a price increase. On February 22, TIE tweeted a chart showing the correlation and stated that the media's mention of halving the amount appeared to have caused the price trend of BTC. The number of mentions of halving has reached an all-time high.