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Here's some interesting statistics I recently noticed. If you look at Bitcoin's price by year, you can see how insanely the price has grown over a decade and a half. In 2010, Bitcoin was worth just 28 cents, and by 2021, it soared to nearly $59,000. Crazy growth, honestly.
If you analyze Bitcoin's yearly price more carefully, clear cycles are visible. After each bull run, there's a bear market — in 2018 it dropped to $4,000, and in 2022 it retreated to $16,000. But then it always recovers and goes even higher. In 2024, it reached $95,000, and now it's already at new levels.
The most interesting part is the long-term trend. Even considering all the dips, looking at Bitcoin's yearly price dynamics, it's simply exponential growth. From dollars to tens of thousands. I think the price history shows that volatility is normal for crypto, but the overall direction remains upward. It will be interesting to see what levels will be in a couple of years.