What Is the Bitcoin Halving and Why Does the Price Always Follow?

February 7, 2026 · 5 min read

What Is the Bitcoin Halving?

Every 210,000 blocks — roughly every four years — the amount of new Bitcoin created per block gets cut in half. This is called the halving. It’s written into Bitcoin’s code and cannot be changed by anyone.

In 2012, miners received 50 Bitcoin per block. After the first halving, they received 25. In 2016, it dropped to 12.5. In 2020, to 6.25. In April 2024, the most recent halving cut the reward to 3.125 Bitcoin per block.

BITCOIN HALVING SCHEDULE 2012 50 → 25 +9,200% 12-18 mo later 2016 25 → 12.5 +2,800% 12-18 mo later 2020 12.5 → 6.25 +700% 12-18 mo later 2024 6.25 → 3.125 +95% ATH $126K Oct ’25 2028 3.125 → 1.56 ??? Daily new Bitcoin created 7,200/day 3,600/day 1,800/day 900/day 450/day Supply gets cut. Demand stays. Math does the rest.

Why the Bitcoin Price Rises After Every Halving

Every halving in history has been followed by a massive price increase within 12–18 months. Not because of magic. Because of supply and demand.

Before the halving, miners produce X Bitcoin per day and sell some to cover electricity costs, hardware, and operations. After the halving, they produce X/2. If demand stays the same or grows, and supply drops by half, the price must adjust upward.

The 2024 halving cut daily new Bitcoin production from roughly 900 to 450. That means 450 fewer Bitcoin per day hitting the market. Over a year, that’s about 164,000 fewer Bitcoin being created.

Bitcoin reached its all-time high of $126K in October 2025, about 18 months after the April 2024 halving. Right on schedule with the historical pattern.

When Is the Next Bitcoin Halving?

The next halving is expected around 2028. The reward will drop to about 1.5625 Bitcoin per block. Same pattern, lower supply, higher price floor. Learn why 21 million matters and what happens when all Bitcoin is mined.

No central bank can change this schedule. No government can delay it. No CEO can override it. The halving is math, and math doesn’t negotiate.

Positioning Yourself Before the Next Halving

Every four years, Bitcoin becomes harder to produce. Every four years, the people who understood this before it happened have been rewarded. The next halving is already on the calendar. The only question is whether you’ll be positioned before it arrives.

The halving cuts supply. Demand does the rest. hrdmoni members track the math in real time with tools built for this exact moment.
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