721
days
13
hours
11
minutes
22
seconds
~50.4% of blocks mined since last halving
estimated_date
April 2028
new_block_reward
1.5625 BTC
Historical Halvings
Halving #1
November 28, 2012
Reward After
25 BTC
Price at Halving
$12
price_year_later
$1,100
9067%Halving #2
July 9, 2016
Reward After
12.5 BTC
Price at Halving
$650
price_year_later
$2,500
285%Halving #3
May 11, 2020
Reward After
6.25 BTC
Price at Halving
$8,700
price_year_later
$56,000
544%Halving #4
April 19, 2024
Reward After
3.125 BTC
Price at Halving
$63,800
price_year_later
TBD
What is Bitcoin Halving?
halving_disclaimer_risk_educational
halving_intro_btc_vs_gold_summary
How Does the Halving Mechanism Work?
halving_btc_vs_gold_recommendation
bitcoin_halving_countdown_block_0_209_999_50_btc_per_block
bitcoin_halving_countdown_block_210_000_419_999_25_btc_per_block
bitcoin_halving_countdown_block_420_000_629_999_12_5_btc_per_block
bitcoin_halving_countdown_block_630_000_839_999_6_25_btc_per_block
halving_block_range_840k_1049k 3.125 BTC (current)
halving_block_1050000_plus 1.5625 BTC (next_halving)
halving_btc_origin_digital_gold
Why Does the Halving Impact Bitcoin's Price?
halving_btc_scarcity_mechanism
| Metric | before_2024 | after_2024 | after_2028 |
|---|---|---|---|
| block_reward | 6.25 BTC | 3.125 BTC | 1.5625 BTC |
| daily_new_btc | ~900 BTC | ~450 BTC | ~225 BTC |
| annual_inflation | ~1.7% | ~0.85% | ~0.4% |
Post-Halving Price Patterns
pre_halving_accumulation_12_months
smart_money_and_long_term
post_halving_consolidation_months_after
price_often_consolidates_or_dips
parabolic_rally_18_months_after
the_supply_reduction_takes_effect
blow_off_top_bear_market
euphoria_peaks_prices_overshoot_and
Important caveat: with_only_four_halvings_in
Frequently Asked Questions
When is the next Bitcoin halving?+
Does the halving always cause a price increase?+
What happens when all 21 million Bitcoin are mined?+
Can the halving schedule be changed?+
Should I buy Bitcoin before or after the halving?+
How does Bitcoin's halving compare to other crypto supply mechanisms?+
halving_gold_store_of_value_history
halving_btc_institutional_adoption