Bitcoin crash of Late 2025 and 2026

Bitcoin halvings occur approximately every 210,000 blocks (roughly every 4 years), reducing miner block rewards by half, with the first occurring on November 28, 2012 (50 BTC → 25 BTC at block 210,000), followed by July 9, 2016 (25 BTC → 12.5 BTC at block 420,000), May 11, 2020 (12.5 BTC → 6.25 BTC at block 630,000), and most recently on April 19, 2024 (6.25 BTC → 3.125 BTC at block 840,000), with the next expected around 2028 (3.125 BTC → 1.5625 BTC at block 1,050,000) until rewards approach 0 BTC when Bitcoin reaches its 21 million supply cap around 2140. These programmed halvings control inflation and have historically preceded major bull markets due to reduced supply pressure, with Bitcoin's biggest price surges typically peaking 12-18 months post-halving - as seen after the 2012 halving (peak November 30, 2013, ~367 days later), 2016 halving (peak December 16, 2017, 519 days later), and 2020 halving (peak November 10, 2021, 553 days later). Projecting these cycles forward from the April 2024 halving suggests potential peak windows at April 21, 2025 (367-day equivalent), September 20, 2025 (519-day equivalent), and October 23, 2025 (553-day equivalent), indicating the 2024 cycle will likely follow historical patterns with bull market acceleration beginning late 2024-early 2025 and a potential peak between Q3-Q4 2025, maintaining Bitcoin's consistent 4-year cyclicality driven by halving-induced scarcity.