• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
Bitcoin

Here’s How Current Bitcoin Halving Cycle Stacks Up Against Past Ones

Keshav Verma
by Keshav Verma
2 years ago
·
Posted in Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the current Bitcoin halving cycle continues to advance, here’s what the previous cycles looked like at similar points in their lifespan.

The latest Bitcoin Cycle Recently Passed The 150,000 Blocks Milestone

A “halving” is a periodic event where Bitcoin’s mining rewards (that is, the block rewards that miners receive for solving blocks) are cut in half. This takes place every 210,000 blocks or approximately every four years.

As the block rewards are basically the amount of new BTC supply being created, being halved means that the asset becomes more scarce. This is why the halving is a feature of the BTC blockchain; by controlling scarcity like this, the inflation of the coin can be checked.

So far, Bitcoin has observed three halving events: first in November 2012, second in July 2016, and third in May 2020. The next such event is estimated to take place sometime in 2024. In the beginning, the reward for mining a block was 50 BTC, but today, after all these halvings, miners are receiving just 6.25 BTC per block.

Related Reading: Tether Benefits From USDC Chaos, USDT Dominance Now 58%

Since halvings are periodic, they are a popular way of mapping BTC cycles by using them as the start and end points. An analyst on Twitter has done the same and has compared the different cycles so far against each other using the number of blocks since the cycle starts as the common denominator between them.

Here is a chart depicting this comparison:

Bitcoin Halving Cycles

The previous two halving cycles compared with the current one so far | Source: therationalroot on Twitter

As you can see in the above graph, the different Bitcoin cycles so far have shown some similar features. Especially the previous and current ones share some bizarre similarities.

The tops of both these cycles appear to have formed after a similar number of blocks had been created in the cycles. The halving 1 cycle saw this happen earlier, but not by too much nonetheless. The bear market bottoms of all three cycles also had closely timed occurrences, with the halving 2 and 3 cycles again sharing a tighter timing.

Although the timing isn’t as striking as the bottoms, the latest cycle building up a rally out of the bear lows also looks similar to what happened in the second cycle, where the April 2019 rally took place.

Something that also seems to have held up throughout these cycles is the relationship between the price of Bitcoin and its realized price. The realized price is a metric derived from the realized cap, which is the capitalization model for the cryptocurrency that aims to provide a “fair value” for it.

In short, what the realized price signifies is the average acquisition price or cost basis in the market. This means that when the price dips under this level, the average holder enters into the loss territory.

During bull markets, this level has acted as support in all the cycles, while this behavior has flipped in bearish periods, where the level has provided resistance to the asset instead.

Related Reading: Bitcoin Jump Above $25,000 Has Sent 2.7M More Coins Into Profits

From the chart, it’s visible that Bitcoin retested this level very recently and successfully bounced off it, with the price of the asset gaining some sharp upwards momentum.

If the pattern held throughout the halving cycles is anything to go by, this could suggest that a bullish transition has now taken place in the market and a rally similar to the April 2019 rally might have begun.

BTC Price

At the time of writing, Bitcoin is trading around $24,600, up 11% in the last week.

Bitcoin Price Chart

BTC has surged in recent days | Source: BTCUSD on TradingView
Featured image from iStock.com, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Keshav Verma

Keshav Verma

Follow

Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about.

Full Profile

Related Posts

Bitcoin

Corporate Bitcoin Allocation Climbs As Companies Invest 22% Of Profits: Study

9 hours ago
Bitcoin

Bitcoin Payments Now Accepted By Top UAE Developer For Real Estate

23 hours ago
cours-or-nouveau-record-chute-btc

Record de l’or et chute du Bitcoin : que se passe-t-il ?

2 days ago
Metaplanet

Metaplanet Pushes Bitcoin Holdings Over $2 Billion With New Purchase

3 days ago
Bitcoin

Bitcoin Mining Can’t Keep Up: Companies Buying At Quadruple Pace – Report

3 days ago
Bitcoin

Bitcoin Treasury Race Heats Up As Dutch Firm Shoots For $23-M Launch

4 days ago

Premium Sponsors

Press Releases

  • miner

    ADA’s path to long-term success: Integrating with...

    5 hours ago
  • Bitget and Bitget Wallet Support Trading of Over 100...

    7 hours ago
  • miner

    XRP Price From a High of $3.65 to a Low of $2.72: How GMO...

    10 hours ago
  • miner

    7 Trending Crypto Mining Apps This Year That Give Free...

    12 hours ago
  • mining

    6 Most Reliable Crypto Mining Software to Help Miners...

    13 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.