Every ~210,000 blocks the Bitcoin block reward halves, cutting new supply in half. Below is a live countdown to the fifth halving at block 1,050,000 — plus a systematic look at how BTC performed in the 90 days before and 180 days after each prior halving. For educational purposes only.
Price return vs. the halving-day closing price at each measured offset. Green = above halving-day price; red = below. Each halving era followed a distinct trajectory — note how the magnitude of post-halving gains has compressed cycle-over-cycle.
| Era | Halving | Price | −90d | −30d | +30d | +60d | +90d | +180d |
|---|---|---|---|---|---|---|---|---|
| H1 | Nov 28, 2012 | $12.35 | -19% | -15% | +9% | +62% | +143% | +953% |
| H2 | Jul 9, 2016 | $650 | -35% | +6% | -10% | -6% | +8% | +54% |
| H3 | May 11, 2020 | $8,562 | +19% | -20% | +16% | +9% | +36% | +73% |
| H4 | Apr 19, 2024 | $63,818 | -35% | +6% | +4% | +2% | +0.3% | +6% |
Past halving returns are not a forecast of future performance. H1–H2 figures are approximate (pre-Binance era; sourced from public price history). H3–H4 computed from Binance daily OHLCV. Returns are % change vs. halving-day closing price.
Weekly systematic market context plus a heads-up when the halving is 90 days out — from The Brief.
Free to embed on any site or newsletter. Countdown and returns table update live — no maintenance required.
For educational and informational purposes only. Not financial advice and not a prediction of future performance. Block timing is an estimate based on the 10-minute target block time and will drift with network hashrate. Historical price figures for H1–H2 are approximate; H3–H4 sourced from Binance daily OHLCV.
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