The next Bitcoin halving is expected to take place in April 2024. It is difficult to predict the exact date as it depends on the block height. Since halving happens every 210,000 blocks, the next Bitcoin halving is expected to occur in April 2024 when the block height reaches 840,000.
BTC
$34,644.2
DCA Into BTC Until the Next Halving With Auto-Invest
Binance is celebrating the 2024 Bitcoin halving event by sharing 500K USDT worth of rewards on Binance Auto-Invest. Dollar-Cost Average (DCA) into BTC to stay ahead and participate in the event to win and accumulate more BTC with Auto-Invest.
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Will the Bitcoin Halving Increase BTC’s Price?
The positive sentiment surrounding Bitcoin Halving has historically been associated with price fluctuations, as some investors anticipate post-halving rally.
While historical patterns suggest Bitcoin prices generally increase after halving events, you should note that this trend is not guaranteed and Binance does not predict future price movements. Price trends will depend on the circumstances surrounding the 2024 Bitcoin Halving event including continued adoption and other factors influencing demand.
Below are the price surges BTC witnessed six months post halving:
First Halving
November 28, 2012
On the day of the halving, the price of Bitcoin was approximately $12. Six months later, around May 28, 2013, the price had risen significantly to about $130, showcasing a substantial increase.
Second Halving
July 9, 2016
The price of Bitcoin was around $660 on the day of the halving. Around January 9, 2017, the price increased to about $900, indicating a considerable growth in value over six months.
Third Halving
May 11, 2020
Bitcoin's price was approximately $8,600 on the day of the halving and it rose to over $15,700 six months later, around November 11, 2020.