It's time to think about the 2028 halving and what it could mean for BTC price. As of now, only 1.6 years until the next halving. After prior halvings: - 2012: ~100x rally over 12 months - 2016: ~30x rally over 18 months - 2020: ~8x rally over 18 months The halving has been the quadrennial heartbeat of Bitcoin's marketing and monetization. But in 2024, something different happened. The pattern of halving --> bull market was already established enough that people front-ran the halving. For the first time, we had a new all-time-high before the halving. - 2024: ~4x in 18 months BEFORE halving, ~2x rally over 18 months after halving So what will happen this cycle? Nobody really knows, but I think the precedent has been established to front-run the halving. That's the game theory now. If the same pattern plays out this cycle, the next 1.6 years could be the most explosive time for BTC. Repeating the prior cycle would look like: - 4x over 1.6 years: $58k (recent bottom) --> $232k at April 2028 halving - 2x over 18 months after halving: $232k --> $464k in 2H 2029 BTC could certainly deliver diminishing returns vs the prior cycle (as it has tended to do), but at some point that trend breaks to the upside. The key point for now is that people are likely to front-run the halving. And that could make the next 1.6 years the most exciting part of this Bitcoin cycle.