After each of Bitcoin's four halvings the price reached a new high within about 12 to 18 months, but gains shrank from about 95x to about 2x and every rally en…
Bitcoin hit $126,198 on 6 October 2025, 534 days after the April 2024 halving.
Block 840,000 cut the reward to 3.125 BTC with Bitcoin near $64,000, after a record in March and US spot ETFs from January.
About 77% below the 2021 peak after tighter policy and the failure of the FTX exchange.
About 8x the May 2020 halving price, reached 548 days after the halving.
Block 630,000 halved the reward with Bitcoin near $8,600, two months after the pandemic crash.
Retail speculation and the ICO boom took Bitcoin to about $19,800, then it fell more than 80% by December 2018.
Block 420,000 cut the reward to 12.5 BTC with Bitcoin near $650.
Bitcoin rose from about $12 to about $1,150, roughly 95x, in 366 days.
Block 210,000 cut the reward from 50 to 25 BTC with Bitcoin near $12.
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