<p><span style="font-weight: 400;">It's the question on every Bitcoin investor’s mind: when the mining reward is cut in half next month, will the cryptocurrency's price rally as it has after </span><a href="https://www.theblockcrypto.com/post/61762/the-bitcoin-halving-what-it-is-and-why-it-matters"><span style="font-weight: 400;">previous halvings</span></a><span style="font-weight: 400;">? Or is this one already priced in?</span></p> <p><span style="font-weight: 400;">If Bitcoin were an "efficient market," it would probably be priced in, according to GSR Trading co-founder Rich Rosenblum, who appeared on the </span><a href="https://www.theblockcrypto.com/post/62613/gsrs-rich-rosenblum-digs-into-bitcoins-upcoming-halving"><span style="font-weight: 400;">latest episode</span></a><span style="font-weight: 400;"> of The Scoop. </span></p> <p><span style="font-weight: 400;">"I think we still have a bit of a disjointed market in crypto, and in the middle of a unique event, the pandemic,” he said. Due largely to the drop in price thanks to the coronavirus pandemic, Rosenblum says: "I think it's not totally priced in."</span></p> <p>Today bitcoin's price is hovering around $7,500. That’s down from over $10,000 in mid-February.</p> <p><img class="alignnone wp-image-62842" src="https://www.tbstat.com/wp/uploads/2020/04/www.tradingview-735x450.png" alt="" width="735" height="450" /></p> <p><em>Source: TradingView</em></p> <p><span style="font-weight: 400;">"Given the fact that we were so much higher a couple of months ago, and the amount of selling each day from the mining rewards is going to drop in half, I think there's more upside probability in the next few months than downside," Rosenblum said.</span></p> <p><iframe src="https://playlist.megaphone.fm?e=BLOCK4053958076" width="100%" height="200" frameborder="0" scrolling="no"></iframe></p>