Use with Claude Open the chartBitcoin halving cycles lines up every Bitcoin cycle by weeks from its halving, so you can compare 2012, 2016, 2020 and 2024 on one axis, with the live price on top.
| # | Date | Block | Block reward |
|---|---|---|---|
| 1 | 28 November 2012 | 210,000 | 50 → 25 BTC |
| 2 | 9 July 2016 | 420,000 | 25 → 12.5 BTC |
| 3 | 11 May 2020 | 630,000 | 12.5 → 6.25 BTC |
| 4 | 20 April 2024 | 840,000 | 6.25 → 3.125 BTC |
| 5 | Expected around spring 2028 | 1,050,000 | 3.125 → 1.5625 BTC |
Measured by the highest daily close between each halving and 500 days before the next one (the window the chart draws), the high came 371 days after the halving in the 2012 cycle, 525 in 2016 and 547 in 2020. The 2024 cycle's highest close so far is $124,720, on day 534 after the 20 April 2024 halving. As of 10 November 2026 the 2024 cycle is on day 934, week 133, and is 41.0% below that high. Four cycles is a small sample, and the day counts differ by months, so they describe what happened and give no schedule for the next cycle. The next halving is at block 1,050,000, expected around spring 2028.
| Cycle | Halving date | Halving-day price | Day of cycle high | Highest daily close | × halving price | Deepest fall after the high |
|---|---|---|---|---|---|---|
| 2012 | 28 November 2012 | $12 | 371 | $1,147 | 92.89× | -84.5%, day 777 |
| 2016 | 9 July 2016 | $651 | 525 | $19,343 | 29.73× | -83.6%, day 890 |
| 2020 | 11 May 2020 | $8,787 | 547 | $67,634 | 7.70× | -76.7%, day 924 |
| 2024 | 20 April 2024 | $64,994 | 534 (so far) | $124,720 | 1.92× | -53.0%, day 801 (so far) |
The multiple from halving-day price to cycle high fell each cycle: 92.9× in 2012, 29.7× in 2016, 7.7× in 2020, and 1.9× so far in 2024. The deepest fall after each complete cycle's high was between 77% and 85%. Deepest fall is the lowest daily close after the high, inside the same window.
See where the 2024 cycle stands today against the earlier cycles on the cycle tracker, or how many days since the halving. Both are updated daily.
Measured by the highest daily close from the halving to 500 days before the next one: 371 days in the 2012 cycle, 525 in 2016, 547 in 2020 and, so far, 534 in 2024. These are past observations. They are not a schedule.
As of 10 November 2026, day 934 after the 20 April 2024 halving (week 133). The live count is on the cycle tracker.
From the halving-day close to the highest daily close in the same window: 92.9x in the 2012 cycle, 29.7x in the 2016 cycle, 7.7x in the 2020 cycle, and 1.9x so far in 2024. The multiple has been smaller each cycle. Past cycles are not a forecast.
Measured by the lowest daily close after the high, inside the same window: 84.5% in the 2012 cycle (day 777), 83.6% in the 2016 cycle (day 890), 76.7% in the 2020 cycle (day 924).
The halving cuts new supply in half every 210,000 blocks. Demand is a separate question, which is one reason cycles do not repeat exactly.
Every 210,000 blocks, roughly every four years, the reward miners get for a new block is cut in half. It has happened four times: in 2012, 2016, 2020 and 2024. The 2024 halving cut the reward from 6.25 to 3.125 BTC.
The fifth halving happens at block 1,050,000. At about ten minutes per block, that is expected around spring 2028. The exact date depends on how fast blocks are found.
Line each cycle up by time since its own halving, not by calendar date, and put the prices on a common base. Bitcoin halving cycles plots every cycle by weeks from the halving, starting 500 days before it, with either the halving-day price or the price 500 days before the halving set to 100.
The cycle tracker at bitcoinhalving.info/cycle-tracker answers this daily, comparing each cycle at the same number of days after its halving. On the chart, turning on Live price draws the current price on the 2024 line, so you can see week by week whether it sits above or below where the 2016 and 2020 cycles were.
No. It re-draws the percentage shape of the past cycles you choose, starting from today's price. It is a what-if built from history, not a forecast or a price target.
The 2024 cycle, the live price overlay, both bases, zoom and pan are free. Pro adds every earlier cycle, the illustrative 2028 path, the Price (USD) view and the full heatmap, from $19 a month or $149 a year.
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Charts are for education and research. Past cycles don't predict future prices. Not financial advice.