From the graph, it shows that in 2010 from a low of $0.09, it rose to $26.90 by 2.960%. fast forward to 2014-2015, we experienced a price dipping from a high of $1,238 to $687.50 then to $315.21.
Bitcoin holders experienced surplus in the period of 2016- 2021. In October of 2021, it climbed to an all time high of $68.991k but slumped to $49,243k in Nov of the same year.
Coming to 2022, we've had series of price fluctuations with recent lows of $17,700k. This is not the first time BTC slump is experienced in the market; so if there was a massive spike in 2013, 2019 and 2021, then possibly we should expect a price rocketing soon and this time it will be above $100k.
https://bitcoinmagazine.com/culture/bitcoin-price-action-does-matterVery good analysis. And it would be great if Bitcoin could be at a price of $100k next year because it would break the ATH $68,991k record that Bitcoin has ever achieved. But I would also be happier if Bitcoin could be at $70k, even though $100k is a higher price than I said. And I think to be at that price, Bitcoin needs a little longer pump time than last year, because it was a very big price target and Bitcoin started at $20k which is certainly a long way from the bottom up.