Overview
- Bitcoin hit an all‑time high near $126,198 on Oct. 6 and has since fallen back to roughly $100,000.
- The latest advance followed the April 2024 halving, and the typical 12–18 month boom window has now passed.
- A 21Shares review shows post‑halving surges in 2012, 2016, and 2020 were followed by losses of about 75% to 85%.
- Analysts caution a drawn‑out downturn could follow, while others say spot ETF inflows may help limit volatility versus prior cycles.
- The next halving is projected for March 2028, and some forecasts look to 2029 for a potential new high, which remains uncertain.