2016 Halving
Bitcoin price from second halving (Jul 2016, 25 to 12.5 BTC)
| Property | Value |
|---|---|
| Category | Market Data |
| Unit | index |
| Resolution | 1d |
| Assets | BTC |
| Tier | Basic |
| API Endpoint | GET /v1/cycle-performance?type=halving |
| Field | cycle_2 |
Overview
2016 Halving Cycle tracks Bitcoin's price as an index starting from the second halving on July 9, 2016, when the block reward dropped from 25 to 12.5 BTC. This cycle was heavily influenced by the ICO (Initial Coin Offering) boom that drove mainstream interest in cryptocurrencies.
Formula
Interpretation
- Post-halving rally peaked at approximately 30x by December 2017
- Price on halving day was approximately $650
- Showed significant diminishing returns compared to the 2012 halving cycle
- The ICO mania amplified speculative demand during this cycle
Use Cases
- ICO era context: Useful for understanding how speculative narratives amplify the halving supply shock
- Peak timing: Peaked approximately 17 months after the halving, consistent with the 12-18 month historical pattern
- Mid-era benchmark: Serves as the bridge between early extreme cycles and the modern institutional era
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/cycle-performance?type=halving?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- 2012 Halving — Bitcoin price from first halving (Nov 2012, 50 to 25 BTC)
- 2020 Halving — Bitcoin price from third halving (May 2020, 12.5 to 6.25 BTC)
- 2024 Halving — Bitcoin price from fourth halving (Apr 2024, 6.25 to 3.125 BTC) — current cycle
- Cycle Performance (Halving) — Price performance comparison from halvings