The next Bitcoin halving is projected for April 17, 2028, reducing the block reward to 1.5625 BTC. Each halving, occurring every 210,000 blocks, reduces new supply. The global M2 money supply expansion also significantly influences Bitcoin’s price, as seen in past cycles. Analyst Willy Woo notes that both the halving cycle and M2 liquidity cycles have driven bull runs. Current forecasts from various models, including Stock-to-Flow and Stock-to-Income, project substantial price increases for BTC in the coming years, with some predictions reaching as high as $500K or more by 2028.<｜begin▁of▁sentence｜>
