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BTC Cycles
Every halving cycle overlaid: price as a multiple of halving-day price, aligned by days since. The current cycle drawn thick, history thin.
blockchain.com · keyless · refreshed 0m ago
Days since 2024 halving
908
This cycle's multiple
1.28×
vs halving-day price
Cycle 1 at this same day
19×
Cycle 2 at this same day
5.82×
Cycle 3 at this same day
2.39×
Multiples since halving, log scale
Cycle 1 · 2012Cycle 2 · 2016Cycle 3 · 2020Cycle 4 · 2024 (now)Cycle 1 · halved 2012-11-28
Peaked at 84× on day 370
Cycle 2 · halved 2016-07-09
Peaked at 26× on day 525
Cycle 3 · halved 2020-05-11
Peaked at 7.99× on day 1415
Read this with adult supervision. Four halvings is four data points — a pattern gallery, not a law. The peak multiples have shrunk every cycle (diminishing returns as the asset grows), past cycle timing carries no guarantee, and the market that priced cycle one had no ETFs, no CME, and a thousandth of today's participants. The next halving lands around April 2028 — estimated, since it triggers on block height, not a calendar.
Information only, not investment advice.