Bitcoin at 62% of halving cycle: past cycles bottomed here
- —Network is at block 970,344; 79,656 blocks remain until the fifth halving, expected in April 2028
- —Block reward will drop from 3.125 BTC to 1.5625 BTC
- —Cycle peak came on day 534 (Oct 6, 2025, above $125,000); today is day 900
- —Current drawdown is 54%, versus more than 77% in prior bear markets
Why it matters: If the July low near $57,800 holds, the halving timer points to the end of the bear market; a break below opens the door to a final capitulation similar to 2018.
Source: BeInCrypto RU
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