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Over the years, every Christmas, someone is curious about Bitcoin's price action on that day. Looking back at the ledger reveals many insights.
In the early days, in 2013, it was only $682 per coin. Who would have thought? The next year, it plummeted to just $319, and many were still bearish at the time. But those who waited patiently saw the madness of 2017 — surging to $14,027 around Christmas, and the entire market exploded.
In the following years, ups and downs became the norm. In 2018, a major bear market hit, dropping to $3,815. The bull market restarted in 2020, reaching $24,665. 2021 was even more intense, hitting $50,430, and everyone was talking about Bitcoin. Then 2022 brought another round of correction, falling back to $16,831.
The stories of recent years are even more interesting. In 2023, it rebounded to $43,790, and in 2024, Christmas saw a new high of $98,150, nearly breaking the six-figure mark. This year, although it retraced to $87,800, the long-term bottom of this cycle has already been raised.
This is the record of Bitcoin on Christmas over the past 12 years, with each number representing a story of market participants.