Bitcoin Halving Clock Hits 62% as Analysts Debate Whether Bear Market Is Over
- —Network is at block 970,344, with 79,656 blocks left until the halving at block 1,050,000
- —Block reward will drop from 3.125 BTC to 1.5625 BTC in April 2028
- —BTC near $83,100: 34% below the October 2025 peak and 44% above the July low
- —In past cycles, bear market bottoms formed near day 900 after the halving
Why it matters: If the July low near $57,800 holds, the historical pattern suggests the bear market may be over; a break below would point to a 2018-style final leg down.
Source: BeInCrypto