What is the projected date of the next bitcoin halving?

The next Bitcoin Halving - known as the 'halvening' - will take place in mid-2024 at block 840,000. Current predictions suggest this will be in May 2024. As of July 2022, this is under 100,000 blocks away. The 2024 Bitcoin Halving will be the fourth halvening in Bitcoin's history.

How much was the Bitcoin price at the second halving?

Historically there has been a significant increase in the price of Bitcoin (BTC) between each halvening event (around a four year period give or take a little). BTC price was US$650.53 on the day of the second halving in 2016 BTC price was US$8,821.42 on the day of the third halving in 2020 (Currently the last Bitcoin halving)

What happens during a Bitcoin halving?

A Bitcoin halving event occurs when the reward for mining Bitcoin transactions is cut in half. Halvings reduce the rate at which new coins are created and thus lower the available amount of new supply, even as demand increases.

What is the bitcoin halving price prediction?

The Bitcoin halving prediction is based on the latest block height of 769,319 and the average block time for the last one thousand blocks, which is currently at 655 seconds per block. A Bitcoin halving is scheduled to take place every 210,000 blocks. Three Bitcoin halvings have already taken place, one in 2012, 2016, and the last halving in 2020.