Bitcoin Halving Countdown and Cycle Position
79,410 blocks remain until the next halving at block 1,050,000, estimated around April 2028 at ten minutes per block.
Current block
970,590
Cycle progress
62.2%
from block 840,000 to 1,050,000
Phase
Distribution
confidence 75%
BTC price
$82,384
How GasNow labels the phase
GasNow measures how far the network is between the April 2024 halving and the next one, then compares the current price's position within the cycle's range with the same point in previous cycles. The result is labeled Accumulation, Bull, Distribution or Bear. It is historical context, not a forecast. Background in the halving cycle explained.
Halving history
| Halving | Block | Date | Subsidy after |
|---|---|---|---|
| 1st | 210,000 | November 2012 | 25 BTC |
| 2nd | 420,000 | July 2016 | 12.5 BTC |
| 3rd | 630,000 | May 2020 | 6.25 BTC |
| 4th | 840,000 | April 2024 | 3.125 BTC |
| 5th | 1,050,000 | Est. April 2028 | 1.5625 BTC |