Back to blog
Crypto Basics

What is Bitcoin Halving and How Does it Impact the Market?

Learn everything about Bitcoin halving and its impact on the crypto market, in this descriptive guide.
Token Metrics Team
7 Minutes
Want Smarter Crypto Picks—Free?
See unbiased Token Metrics Ratings for BTC, ETH, and top alts.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
 No credit card | 1-click unsubscribe

Over the years, Bitcoin has gained significant popularity and adoption as a means of payment and investment, with a growing number of merchants accepting it as a form of payment and an increasing number of investors buying and holding it as a store of value.

What is Bitcoin Halving?

Bitcoin Halving is a highly anticipated event that takes place every four years in the world of cryptocurrency. It is a pre-programmed adjustment in the Bitcoin blockchain protocol that reduces the mining rewards by 50% for each new block added to the network.

The purpose of the halving is to ensure that the rate of Bitcoin inflation remains under control, and that the total supply of Bitcoin never exceeds 21 million.

The upcoming Bitcoin Halving event has generated a lot of buzz and interest among investors and traders, as it is expected to have a significant impact on the price and overall market sentiment. In this blog post, we will dive deep into the topic of Bitcoin Halving, discussing what it is, how it works, and what to expect from the upcoming halving event.

When was the first Bitcoin Halving?

The first Bitcoin halving occurred on November 28, 2012, approximately four years after the cryptocurrency's launch. At that time, the mining reward for each block added to the Bitcoin blockchain was reduced from 50 BTC to 25 BTC.

This event marked a significant milestone in the Bitcoin ecosystem and signaled the beginning of a new era in the cryptocurrency's monetary policy. Since then, there have been two additional Bitcoin halvings, one in 2016 and another in 2020, with the mining reward reduced to 12.5 BTC and 6.25 BTC, respectively.

The next Bitcoin halving is expected to occur in 2024, at which point the mining reward will be further reduced to 3.125 BTC per block.

Bitcoin Halving Chart

A Bitcoin halving chart is a graphical representation that shows the historical and projected future dates of Bitcoin halvings, as well as the corresponding changes in the Bitcoin mining reward. 

“The chart typically includes a timeline of Bitcoin's history, starting with its launch in 2009, and marks the dates of each halving event as vertical lines. The halving events are also accompanied by a reduction in the Bitcoin mining reward, which is depicted on the chart as a downward sloping curve.”

Bitcoin Halving Chart

Bitcoin halving charts are used by investors, traders, and analysts to track the impact of halvings on the Bitcoin price and market sentiment. These charts can help in predicting potential price movements based on historical trends, as well as analyzing the impact of halvings on the overall supply and demand dynamics of Bitcoin.

Several online platforms offer Bitcoin halving charts that are frequently updated with the latest data and projections. These charts typically include additional features such as zooming, filtering, and customization options to allow users to analyze the data in more detail.

Overall, Bitcoin halving charts are a useful tool for anyone interested in understanding the impact of halving events on the Bitcoin ecosystem.

How does Bitcoin Halving work?

Bitcoin halving is a pre-programmed adjustment to the Bitcoin blockchain protocol that occurs approximately every four years. The process is designed to reduce the amount of new Bitcoin created with each block added to the blockchain by 50%.

The halving is a critical aspect of Bitcoin's monetary policy and serves to control the rate of inflation in the Bitcoin ecosystem.

Bitcoin halving works by reducing the mining rewards that Bitcoin miners receive for adding new blocks to the blockchain. When Bitcoin was first launched in 2009, the mining reward was set at 50 BTC per block.

After the first halving in 2012, the mining reward was reduced to 25 BTC per block. The second halving in 2016 further reduced the reward to 12.5 BTC per block, and the most recent halving in 2020 brought the reward down to 6.25 BTC per block.

The process of Bitcoin halving is automatic and built into the Bitcoin protocol, with a predetermined schedule that reduces the mining reward by half after every 210,000 blocks are added to the blockchain.

This cycle continues until the total supply of Bitcoin reaches 21 million, which is the maximum limit set by the protocol. Once the limit is reached, no new Bitcoins will be created, and miners will rely solely on transaction fees for their rewards.

The impact of Bitcoin halving on the mining industry and overall market sentiment can be significant. As the mining reward is reduced, it becomes more difficult and expensive for miners to earn a profit, leading to a potential decrease in the supply of new Bitcoins and an increase in their price.

Additionally, the halving can create uncertainty and volatility in the Bitcoin market, as investors and traders adjust their strategies based on the changing supply and demand dynamics.

Will BTC price go up or down after halving?

Predicting the exact direction of Bitcoin price movement after halving is difficult, as it is subject to various factors such as market sentiment, demand and supply, and overall adoption of the cryptocurrency. However, based on historical trends, many analysts and experts believe that Bitcoin price tends to go up after halving.

One reason for this belief is the reduction in the rate of new Bitcoin supply. With each halving event, the number of new Bitcoins entering the market decreases, creating a supply shock that can drive the price up due to increased scarcity.

Additionally, the halving can lead to a decrease in the profitability of Bitcoin mining, which could result in some miners leaving the network, reducing the overall supply of new Bitcoin even further.

However, it is also important to note that the impact of halving on Bitcoin price may not be immediate, and the price may experience fluctuations and volatility in the short term.

It is also worth considering that Bitcoin's price is influenced by a range of other factors beyond halving, such as macroeconomic conditions, regulatory developments, and investor sentiment.

Also Read - Is Bitcoin Dead? - Complete Analysis for BTC Investors

Impact of Halving on Bitcoin Miners

Bitcoin halving has a significant impact on Bitcoin miners, as it reduces the reward they receive for adding new blocks to the blockchain. With each halving event, the mining reward is reduced by half, which means that miners must work harder and invest more resources to earn the same amount of Bitcoin.

The reduction in mining rewards can lead to a decrease in profitability for miners, making it more challenging for them to cover their costs and remain profitable. This can lead to smaller miners being pushed out of the market, leaving only the most efficient and well-capitalized miners in the game.

However, there are some ways that miners can adapt to the changing market conditions after halving. For example, miners can lower their operating costs by upgrading their equipment to more efficient models, moving to locations with lower energy costs, or forming mining pools to share resources and reduce competition.

Additionally, as the price of Bitcoin tends to increase after halving, miners may be able to offset the reduced mining rewards by earning more from transaction fees and appreciation in the value of their Bitcoin holdings.

Overall, the impact of halving on Bitcoin miners depends on several factors, such as the cost of mining, the price of Bitcoin, and the level of competition in the market.

While the reduction in mining rewards can create challenges for miners, it is also an essential aspect of Bitcoin's monetary policy, which ensures the controlled release of new Bitcoin into the market and the maintenance of its value over time.

The Bottom Line

In conclusion, Bitcoin halving is a critical aspect of the Bitcoin protocol that serves to control the rate of inflation in the Bitcoin ecosystem.

The process of halving reduces the mining rewards that Bitcoin miners receive for adding new blocks to the blockchain by 50% every four years, until the maximum supply of 21 million Bitcoins is reached.

While the impact of halving on the Bitcoin market and miners can be significant, it is also an essential aspect of Bitcoin's monetary policy, ensuring the controlled release of new Bitcoin into the market and the maintenance of its value over time.

As Bitcoin continues to gain wider adoption and recognition as a legitimate asset, the impact of halving events is likely to become more pronounced, making it an important consideration for investors, traders, and Bitcoin enthusiasts alike.

Build Smarter Crypto Apps &
AI Agents in Minutes, Not Months
Real-time prices, trading signals, and on-chain insights all from one powerful API.
Grab a Free API Key
About Token Metrics
Token Metrics: AI-powered crypto research and ratings platform. We help investors make smarter decisions with unbiased Token Metrics Ratings, on-chain analytics, and editor-curated “Top 10” guides. Our platform distills thousands of data points into clear scores, trends, and alerts you can act on.
30 Employees
analysts, data scientists, and crypto engineers
Daily Briefings
concise market insights and “Top Picks”
Transparent & Compliant
Sponsored ≠ Ratings; research remains independent
Want Smarter Crypto Picks—Free?
See unbiased Token Metrics Ratings for BTC, ETH, and top alts.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
 No credit card | 1-click unsubscribe
Token Metrics Team
Token Metrics Team

Recent Posts

Research

Moonshots API: Discover Breakout Tokens Before the Crowd

Token Metrics Team
5

The biggest gains in crypto rarely come from the majors. They come from Moonshots—fast-moving tokens with breakout potential. The Moonshots API surfaces these candidates programmatically so you can rank, alert, and act inside your product. In this guide, you’ll call /v2/moonshots, display a high-signal list with TM Grade and Bullish tags, and wire it into bots, dashboards, or screeners in minutes. Start by grabbing your key at Get API Key, then Run Hello-TM and Clone a Template to ship fast.

What You’ll Build in 2 Minutes

Why This Matters

Discovery that converts. Users want more than price tickers, they want a curated, explainable list of high-potential tokens. The Moonshots API encapsulates multiple signals into a short list designed for exploration, alerts, and watchlists you can monetize.

Built for builders. The endpoint returns a consistent schema with grade, signal, and context so you can immediately sort, badge, and trigger workflows. With predictable latency and clear filters, you can scale to dashboards, mobile apps, and headless bots without reinventing the discovery pipeline.

Where to Find The Moonshots API

The cURL request for the Moonshots endpoint is displayed in the top right of the API Reference. Grab it and start tapping into the potential!

How It Works (Under the Hood)

The Moonshots endpoint aggregates a set of evidence—often combining TM Grade, signal state, and momentum/volume context—into a shortlist of breakout candidates. Each row includes a symbol, grade, signal, and timestamp, plus optional reason tags for transparency.

For UX, a common pattern is: headline list → token detail where you render TM Grade (quality), Trading Signals (timing), Support/Resistance (risk placement), Quantmetrics (risk-adjusted performance), and Price Prediction scenarios. This enables users to understand why a token was flagged and how to act with risk controls.

Polling vs webhooks. Dashboards typically poll with short-TTL caching. Alerting flows use scheduled jobs or webhooks to smooth traffic and avoid duplicates. Always make notifications idempotent.

Production Checklist

Use Cases & Patterns

Next Steps

FAQs

1) What does the Moonshots API return?

A list of breakout candidates with fields such as symbol, tm_grade, signal (often Bullish/Bearish), optional reason tags, and updated_at. Use it to drive discover tabs, alerts, and watchlists.

2) How fresh is the list? What about latency/SLOs?

The endpoint targets predictable latency and timely updates for dashboards and alerts. Use short-TTL caching and queued jobs/webhooks to avoid bursty polling.

3) How do I use Moonshots in a trading workflow?

Common stack: Moonshots for discovery, Trading Signals for timing, Support/Resistance for SL/TP, Quantmetrics for sizing, and Price Prediction for scenario context. Always backtest and paper-trade first.

4) I saw results like “+241%” and a “7.5% average return.” Are these guaranteed?

No. Any historical results are illustrative and not guarantees of future performance. Markets are risky; use risk management and testing.

5) Can I filter the Moonshots list?

Yes—pass parameters like min_grade, signal, and limit (as supported) to tailor to your audience and keep pages fast.

6) Do you provide SDKs or examples?

REST works with JavaScript and Python snippets above. Docs include quickstarts, Postman collections, and templates—start with Run Hello-TM.

7) Pricing, limits, and enterprise SLAs?

Begin free and scale up. See API plans for rate limits and enterprise options.

Research

Support and Resistance API: Auto-Calculate Smart Levels for Better Trades

Token Metrics Team
4

Most traders still draw lines by hand in TradingView. The support and resistance API from Token Metrics auto-calculates clean support and resistance levels from one request, so your dashboard, bot, or alerts can react instantly. In minutes, you’ll call /v2/resistance-support, render actionable levels for any token, and wire them into stops, targets, or notifications. Start by grabbing your key on Get API Key, then Run Hello-TM and Clone a Template to ship a production-ready feature fast.

What You’ll Build in 2 Minutes

A minimal script that fetches Support/Resistance via /v2/resistance-support for a symbol (e.g., BTC, SOL).

  • A one-liner curl to smoke-test your key.
  • A UI pattern to display nearest support, nearest resistance, level strength, and last updated time.

Next Endpoints to add

  • /v2/trading-signals (entries/exits)
  • /v2/hourly-trading-signals (intraday updates)
  • /v2/tm-grade (single-score context)
  • /v2/quantmetrics (risk/return framing)

Why This Matters

Precision beats guesswork. Hand-drawn lines are subjective and slow. The support and resistance API standardizes levels across assets and timeframes, enabling deterministic stops and take-profits your users (and bots) can trust.

Production-ready by design. A simple REST shape, predictable latency, and clear semantics let you add levels to token pages, automate SL/TP alerts, and build rule-based execution with minimal glue code.

Where to Find

Need the Support and Resistance data? The cURL request for it is in the top right of the API Reference for quick access.

👉 Keep momentum: Get API Key • Run Hello-TM • Clone a Template

How It Works (Under the Hood)

The Support/Resistance endpoint analyzes recent price structure to produce discrete levels above and below current price, along with strength indicators you can use for priority and styling. Query /v2/resistance-support?symbol=<ASSET>&timeframe=<HORIZON> to receive arrays of level objects and timestamps.

Polling vs webhooks. For dashboards, short-TTL caching and batched fetches keep pages snappy. For bots and alerts, use queued jobs or webhooks (where applicable) to avoid noisy, bursty polling—especially around market opens and major events.

Production Checklist

  • Rate limits: Respect plan caps; add client-side throttling.
  • Retries/backoff: Exponential backoff with jitter for 429/5xx; log failures.
  • Idempotency: Make alerting and order logic idempotent to prevent duplicates.
  • Caching: Memory/Redis/KV with short TTLs; pre-warm top symbols.
  • Batching: Fetch multiple assets per cycle; parallelize within rate limits.
  • Threshold logic: Add %-of-price buffers (e.g., alert at 0.3–0.5% from level).
  • Error catalog: Map common 4xx/5xx to actionable user guidance; keep request IDs.
  • Observability: Track p95/p99; measure alert precision (touch vs approach).
  • Security: Store API keys in a secrets manager; rotate regularly.

Use Cases & Patterns

  • Bot Builder (Headless): Use nearest support for stop placement and nearest resistance for profit targets. Combine with /v2/trading-signals for entries/exits and size via Quantmetrics (volatility, drawdown).
  • Dashboard Builder (Product): Add a Levels widget to token pages; badge strength (e.g., High/Med/Low) and show last touch time. Color the price region (below support, between levels, above resistance) for instant context.
  • Screener Maker (Lightweight Tools): “Close to level” sort: highlight tokens within X% of a strong level. Toggle alerts for approach vs breakout events.
  • Risk Management: Create policy rules like “no new long if price is within 0.2% of strong resistance.” Export daily level snapshots for audit/compliance.

Next Steps

  • Get API Key — generate a key and start free.
  • Run Hello-TM — verify your first successful call.
  • Clone a Template — deploy a levels panel or alerts bot today.
  • Watch the demo: Compare plans: Scale confidently with API plans.

FAQs

1) What does the Support & Resistance API return?

A JSON payload with arrays of support and resistance levels for a symbol (and optional timeframe), each with a price and strength indicator, plus an update timestamp.

2) How timely are the levels? What are the latency/SLOs?

The endpoint targets predictable latency suitable for dashboards and alerts. Use short-TTL caching for UIs, and queued jobs or webhooks for alerting to smooth traffic.

3) How do I trigger alerts or trades from levels?

Common patterns: alert when price is within X% of a level, touches a level, or breaks beyond with confirmation. Always make downstream actions idempotent and respect rate limits.

4) Can I combine levels with other endpoints?

Yes—pair with /v2/trading-signals for timing, /v2/tm-grade for quality context, and /v2/quantmetrics for risk sizing. This yields a complete decide-plan-execute loop.

5) Which timeframe should I use?

Intraday bots prefer shorter horizons; swing/position dashboards use daily or higher-timeframe levels. Offer a timeframe toggle and cache results per setting.

6) Do you provide SDKs or examples?

Use the REST snippets above (JS/Python). The docs include quickstarts, Postman collections, and templates—start with Run Hello-TM.

7) Pricing, limits, and enterprise SLAs?

Begin free and scale as you grow. See API plans for rate limits and enterprise SLA options.

Disclaimer

This content is for educational purposes only and does not constitute financial advice. Always conduct your own research before making any trading decisions.

Research

Quantmetrics API: Measure Risk & Reward in One Call

Token Metrics Team
5

Most traders see price—quants see probabilities. The Quantmetrics API turns raw performance into risk-adjusted stats like Sharpe, Sortino, volatility, drawdown, and CAGR so you can compare tokens objectively and build smarter bots and dashboards. In minutes, you’ll query /v2/quantmetrics, render a clear performance snapshot, and ship a feature that customers trust. Start by grabbing your key at Get API Key, Run Hello-TM to verify your first call, then Clone a Template to go live fast.

What You’ll Build in 2 Minutes

  • A minimal script that fetches Quantmetrics for a token via /v2/quantmetrics (e.g., BTC, ETH, SOL).
  • A smoke-test curl you can paste into your terminal.
  • A UI pattern that displays Sharpe, Sortino, volatility, max drawdown, CAGR, and lookback window.

Next Endpoints to Add

  • /v2/tm-grade (one-score signal)
  • /v2/trading-signals
  • /v2/hourly-trading-signals (timing)
  • /v2/resistance-support (risk placement)
  • /v2/price-prediction (scenario planning)

Why This Matters

Risk-adjusted truth beats hype. Price alone hides tail risk and whipsaws. Quantmetrics compresses edge, risk, and consistency into metrics that travel across assets and timeframes—so you can rank universes, size positions, and communicate performance like a professional.

Built for dev speed

A clean REST schema, predictable latency, and easy auth mean you can plug Sharpe/Sortino into bots, dashboards, and screeners without maintaining your own analytics pipeline. Pair with caching and batching to serve fast pages at scale.

Where to Find

The Quant Metrics cURL request is located in the top right of the API Reference, allowing you to easily integrate it with your application.

Build Smarter Crypto Apps & AI Agents with Token Metrics

Token Metrics provides real-time prices, trading signals, and on-chain insights all from one powerful API. Grab a Free API Key

How It Works (Under the Hood)

Quantmetrics computes risk-adjusted performance over a chosen lookback (e.g., 30d, 90d, 1y). You’ll receive a JSON snapshot with core statistics:

  • Sharpe ratio: excess return per unit of total volatility.
  • Sortino ratio: penalizes downside volatility more than upside.
  • Volatility: standard deviation of returns over the window.
  • Max drawdown: worst peak-to-trough decline.
  • CAGR / performance snapshot: geometric growth rate and best/worst periods.

Call /v2/quantmetrics?symbol=<ASSET>&window=<LOOKBACK> to fetch the current snapshot. For dashboards spanning many tokens, batch symbols and apply short-TTL caching. If you generate alerts (e.g., “Sharpe crossed 1.5”), run a scheduled job and queue notifications to avoid bursty polling.

Production Checklist

  • Rate limits: Understand your tier caps; add client-side throttling and queues.
  • Retries & backoff: Exponential backoff with jitter; treat 429/5xx as transient.
  • Idempotency: Prevent duplicate downstream actions on retried jobs.
  • Caching: Memory/Redis/KV with short TTLs; pre-warm popular symbols and windows.
  • Batching: Fetch multiple symbols per cycle; parallelize carefully within limits.
  • Error catalog: Map 4xx/5xx to clear remediation; log request IDs for tracing.
  • Observability: Track p95/p99 latency and error rates; alert on drift.
  • Security: Store API keys in secrets managers; rotate regularly.

Use Cases & Patterns

  • Bot Builder (Headless): Gate entries by Sharpe ≥ threshold and drawdown ≤ limit, then trigger with /v2/trading-signals; size by inverse volatility.
  • Dashboard Builder (Product): Add a Quantmetrics panel to token pages; allow switching lookbacks (30d/90d/1y) and export CSV.
  • Screener Maker (Lightweight Tools): Top-N by Sortino with filters for volatility and sector; add alert toggles when thresholds cross.
  • Allocator/PM Tools: Blend CAGR, Sharpe, drawdown into a composite score to rank reallocations; show methodology for trust.
  • Research/Reporting: Weekly digest of tokens with Sharpe ↑, drawdown ↓, and volatility ↓.

Next Steps

  • Get API Key — start free and generate a key in seconds.
  • Run Hello-TM — verify your first successful call.
  • Clone a Template — deploy a screener or dashboard today.
  • Watch the demo: VIDEO_URL_HERE
  • Compare plans: Scale with API plans.

FAQs

1) What does the Quantmetrics API return?

A JSON snapshot of risk-adjusted metrics (e.g., Sharpe, Sortino, volatility, max drawdown, CAGR) for a symbol and lookback window—ideal for ranking, sizing, and dashboards.

2) How fresh are the stats? What about latency/SLOs?

Responses are engineered for predictable latency. For heavy UI usage, add short-TTL caching and batch requests; for alerts, use scheduled jobs or webhooks where available.

3) Can I use Quantmetrics to size positions in a live bot?

Yes—many quants size inversely to volatility or require Sharpe ≥ X to trade. Always backtest and paper-trade before going live; past results are illustrative, not guarantees.

4) Which lookback window should I choose?

Short windows (30–90d) adapt faster but are noisier; longer windows (6–12m) are steadier but slower to react. Offer users a toggle and cache each window.

5) Do you provide SDKs or examples?

REST is straightforward (JS/Python above). Docs include quickstarts, Postman collections, and templates—start with Run Hello-TM.

6) Polling vs webhooks for quant alerts?

Dashboards usually use cached polling. For threshold alerts (e.g., Sharpe crosses 1.0), run scheduled jobs and queue notifications to keep usage smooth and idempotent.

7) Pricing, limits, and enterprise SLAs?

Begin free and scale up. See API plans for rate limits and enterprise SLA options.

Disclaimer

All information provided in this blog is for educational purposes only. It is not intended as financial advice. Users should perform their own research and consult with licensed professionals before making any investment or trading decisions.

Choose from Platinum, Gold, and Silver packages
Reach with 25–30% open rates and 0.5–1% CTR
Craft your own custom ad—from banners to tailored copy
Perfect for Crypto Exchanges, SaaS Tools, DeFi, and AI Products