According to CoinDesk, the current Bitcoin halving cycle has surpassed the halfway mark, with the block reward reduced to 3.125 BTC and inflation falling below 1%, as the total supply continues to approach the fixed cap of 21 million. Since the halving in April 2024, Bitcoin’s price has risen approximately 15%, a smaller increase compared to previous halving cycles, reflecting decreasing price volatility as Bitcoin adoption grows and markets mature. This cycle is expected to conclude in April 2028, with halvings occurring every 210,000 blocks, roughly every four years. Data shows that Bitcoin reached a historic high of approximately $126,000 in October 2025 before retreating to $60,000; recent prices have rebounded to near $75,000. The market is currently focused on whether a breakout above $75,500 could trigger the liquidation of approximately $200 million in short positions, further driving price movement.
Bitcoin halving cycle halfway through; price rise lags previous cycles
TechFlowShare
Summary
Bitcoin’s price today is near $75,000 as the halving cycle passes its midpoint, with block rewards now at 3.125 BTC. Since the April 2024 halving, Bitcoin’s price has risen approximately 15%, slower than in previous cycles. The market is watching to see if $75,500 can be broken, which could trigger a $200 million short squeeze. Bitcoin price prediction models suggest the cycle may conclude in April 2028.
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