48-Month Matrix Active
Standardized Epoch Index: Month 1 through Month 48 Matrix

Bitcoin Halving Cycles (Month 1-48) Performance Matrix

Comprehensive historical month-by-month Bitcoin return matrix mapping Genesis through Cycles 1-4 and ongoing Cycle 5, including positive/negative streak metrics and global averages.

Master Month 1 to 48 Halving Matrix

Scroll horizontally to inspect monthly percentage returns across epochs

Halving Cycle Total ROI Len (+) (0) (-)
Genesis Jan 09
0.0%
Feb 09
0.0%
Mar 09
0.0%
Apr 09
0.0%
May 09
0.0%
Jun 09
0.0%
Jul 09
0.0%
Aug 09
0.0%
Sep 09
0.0%
Oct 09
0.0%
Nov 09
0.0%
Dec 09
0.0%
Jan 10
0.0%
Feb 10
0.0%
Mar 10
0.0%
Apr 10
0.0%
May 10
0.0%
Jun 10
0.0%
Jul 10
0.0%
Aug 10
-5.6%
Sep 10
-4.7%
Oct 10
211.0%
Nov 10
38.2%
Dec 10
44.1%
Jan 11
73.3%
Feb 11
65.4%
Mar 11
-8.8%
Apr 11
346.1%
May 11
149.7%
Jun 11
84.2%
Jul 11
-17.1%
Aug 11
-38.6%
Sep 11
-37.3%
Oct 11
-36.8%
Nov 11
-8.6%
Dec 11
58.9%
Jan 12
16.1%
Feb 12
-11.3%
Mar 12
1.0%
Apr 12
1.0%
May 12
4.7%
Jun 12
29.1%
Jul 12
39.8%
Aug 12
8.7%
Sep 12
22.1%
Oct 12
-9.7%
Nov 12
12.2%
— 23,289% 47 18 19 10
Cycle 1 Dec 12
7.5%
Jan 13
51.1%
Feb 13
63.5%
Mar 13
178.7%
Apr 13
49.7%
May 13
-7.5%
Jun 13
-24.3%
Jul 13
8.9%
Aug 13
32.8%
Sep 13
0.6%
Oct 13
48.8%
Nov 13
470.9%
Dec 13
-33.1%
Jan 14
16.5%
Feb 14
-38.9%
Mar 14
-22.5%
Apr 14
0.2%
May 14
40.9%
Jun 14
1.1%
Jul 14
-7.2%
Aug 14
-18.3%
Sep 14
-19.4%
Oct 14
-12.6%
Nov 14
11.7%
Dec 14
-15.3%
Jan 15
-32.1%
Feb 15
16.9%
Mar 15
-3.9%
Apr 15
-3.3%
May 15
-2.5%
Jun 15
14.3%
Jul 15
8.2%
Aug 15
-19.2%
Sep 15
2.6%
Oct 15
33.1%
Nov 15
20.1%
Dec 15
14.1%
Jan 16
-14.4%
Feb 16
18.7%
Mar 16
-4.8%
Apr 16
7.6%
May 16
18.5%
Jun 16
26.7%
Jul 16
-7.2%
— — — — 4,885% 44 26 0 18
Cycle 2 Aug 16
-7.9%
Sep 16
6.0%
Oct 16
15.0%
Nov 16
6.4%
Dec 16
29.2%
Jan 17
0.7%
Feb 17
21.6%
Mar 17
-9.2%
Apr 17
25.8%
May 17
69.6%
Jun 17
8.5%
Jul 17
15.9%
Aug 17
63.6%
Sep 17
-7.8%
Oct 17
49.1%
Nov 17
58.2%
Dec 17
38.3%
Jan 18
-27.8%
Feb 18
1.7%
Mar 18
-32.9%
Apr 18
32.5%
May 18
-18.9%
Jun 18
-14.5%
Jul 18
21.5%
Aug 18
-9.5%
Sep 18
-5.9%
Oct 18
-4.6%
Nov 18
-36.4%
Dec 18
-6.8%
Jan 19
-7.6%
Feb 19
11.5%
Mar 19
6.5%
Apr 19
30.3%
May 19
60.2%
Jun 19
26.2%
Jul 19
-6.8%
Aug 19
-4.5%
Sep 19
-13.9%
Oct 19
10.9%
Nov 19
-17.7%
Dec 19
-5.0%
Jan 20
30.0%
Feb 20
-8.0%
Mar 20
-25.1%
Apr 20
34.5%
May 20
9.3%
— — 1,415% 46 26 0 20
Cycle 3 Jun 20
-3.4%
Jul 20
23.9%
Aug 20
3.2%
Sep 20
-7.7%
Oct 20
27.8%
Nov 20
42.4%
Dec 20
47.8%
Jan 21
14.2%
Feb 21
36.3%
Mar 21
30.5%
Apr 21
-2.0%
May 21
-35.4%
Jun 21
-6.1%
Jul 21
18.8%
Aug 21
13.3%
Sep 21
-7.2%
Oct 21
40.0%
Nov 21
-7.0%
Dec 21
-18.8%
Jan 22
-16.9%
Feb 22
12.2%
Mar 22
5.4%
Apr 22
-17.2%
May 22
-15.7%
Jun 22
-37.8%
Jul 22
18.0%
Aug 22
-14.1%
Sep 22
-3.1%
Oct 22
5.5%
Nov 22
-16.2%
Dec 22
-3.6%
Jan 23
39.8%
Feb 23
0.0%
Mar 23
23.0%
Apr 23
2.8%
May 23
-7.0%
Jun 23
12.0%
Jul 23
-4.1%
Aug 23
-11.3%
Sep 23
4.0%
Oct 23
28.6%
Nov 23
8.8%
Dec 23
12.1%
Jan 24
0.8%
Feb 24
43.7%
Mar 24
16.6%
Apr 24
-15.0%
541% 47 27 0 20
Cycle 4 May 24
11.3%
Jun 24
-7.1%
Jul 24
3.1%
Aug 24
-8.7%
Sep 24
7.4%
Oct 24
10.9%
Nov 24
37.4%
Dec 24
-3.1%
Jan 25
9.6%
Feb 25
-17.6%
Mar 25
-2.2%
Apr 25
14.1%
May 25
11.1%
Jun 25
2.4%
Jul 25
8.0%
Aug 25
-6.5%
Sep 25
5.4%
Oct 25
-3.9%
Nov 25
-17.5%
Dec 25
-3.2%
Jan 26
-10.2%
Feb 26
-14.8%
Mar 26
1.8%
Apr 26
11.8%
May 26
-3.6%
Jun 26
-20.4%
Jul 26
7.3%
Aug 26
25.1%
Sep 26
6.4%
Oct 26
-22.2%
— — — — — — — — — — — — — — — — — — 27% 30 16 0 14
Genesis Performance 47 Months
(+) 18m (0) 19m (-) 10m
Cycle 1 Performance 44 Months
(+) 26m (0) 0m (-) 18m
Cycle 2 Performance 46 Months
(+) 26m (0) 0m (-) 20m
Cycle 3 Performance 47 Months
(+) 27m (0) 0m (-) 20m
Cycle 4 Performance 30 Months
(+) 16m (0) 0m (-) 14m

Global Cycle Averages (Months)

First & Last Cycles Excluded for Statistical Accuracy

Avg Positive Months (+)
26.3
Standard Deviation: 0.5
Avg Flat Months (0)
0.0
Standard Deviation: 0.0
Avg Negative Months (-)
19.3
Standard Deviation: 0.9

Understanding the 1-to-48 Month Halving Matrix

The 1-to-48 Month Halving Matrix standardizes every Bitcoin epoch into a 4-year comparative window. By normalizing historical returns from Genesis through ongoing Cycle 5, analysts can evaluate performance consistency, positive/negative month distributions, and macro tendencies across equivalent halving phases.

Frequently Asked Questions

Essential questions regarding the 48-month matrix calculation and cycle averages.

How are months structured in the Bitcoin halving cycle matrix?
Every Bitcoin halving epoch is indexed into a standardized 48-month window (Month 1 through Month 48), allowing direct comparative analysis of price performance, positive months, and negative months across epochs.
Why are the first and last cycles excluded from global averages?
The Genesis cycle (startup price discovery phase) and the ongoing Cycle 5 (incomplete month count) are excluded from global averages to ensure statistical accuracy across mature, fully completed halving cycles.