The next Bitcoin halving is expected in mid-April 2028 (around April 13–19, block height 1,050,000), when the block reward will drop from 3.125 BTC to 1.5625 BTC. The key timing规律 of historical cycles (as of August 2026 data) are shown in the figure below.

Current position (August 2026): in the bearish phase of the 2024 cycle; if historical timing patterns hold, a bottom may be completed around late 2026, followed by a long accumulation period until the acceleration after the 2028 halving.

Sources of uncertainty: macro interest rates, regulation, geopolitics, changes in hash rate, and black swan events may all shift the timeline earlier or later by several months. Variations in block production speed may also move the 2028 halving date by within a few weeks (± a few weeks).

For reference only and not investment advice.

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