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Just checked Bitcoin's August price history since 2013, and the pattern is pretty interesting. Started at $148 back in 2013, then bounced around between $287-$626 for a few years. But look at what happened after 2016 - it went from $626 to $4,764 by 2017, then kept climbing through the cycles.
The volatility is wild though. You had $7,755 in 2018, dropped to $12k range in 2019-2020, spiked to $50k in 2021, pulled back to $25k in 2022, recovered to $30k in 2023, and hit $65,609 this past August. That's a 440x move from 2013 to now.
Long-term direction is clearly UP over the years. Makes you wonder if we're setting up for another major run or just consolidating. Either way, the trajectory since 2013 tells you something about where this is heading.