Post
Topic
Board Speculation
Re: Bitcoin year on year
by
tabas
on 28/11/2024, 22:56:47 UTC
You will need to provide what are these prices?

Are they High, Low or Close Prices of Bitcoin in these years?
Bitcoin market operates non-stop so that price information is important.


YearChangeHighLow
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2024+124.2%$99,551$38,595
2023+155.4%$44,746$16,504
2022-64.3%$48,205$15,521
2021+59.6%$68,672$28,621
2020+304.1%$29,282$4,010
2019+90.9%$13,793$3,380
2018-73.3%$17,712$3,201
2017+1,369%$20,089$755.76
2016+123.8%$979.4$354.91
2015+34.4%$495.56$171.51
2014-57.6%$1,017$289.3
2013+5,435%$1,156$11.75
2012+183.5%$16.78$3.81
2011+1,435%$35.76$0.257
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Source: https://cryptorank.io/price/bitcoin/analytics
Based on this table, we always get some greens every three years including the bull run. And for 2024, we've got the halving, we've seen new ATHs almost every day and it started to lie low for a bit but we're still on a higher price since the start of this year. So, it's still in line with the 4-year cycle, and based on that table, we're mostly green in 2025 which if we base it on the 4-year cycle should be where the peak will be seen.

Next year will going to be a bear season base on my observation on this year bull, because this year bull has showed some display that make me to believe that there will not going to be bull season in 2025, this year, it was a bull season on through and it really helped many people to earn income from bitcoin, that will motivate them to buy bitcoin when the bear season appear again.
It's probably not if the pattern of the 4-year cycle still is on which I believe is. 2025 is likely the bear market or if not, Q4 of 2025. This year is when the halving happened but there are so many factors that contributed to this year's growth of BTC which is amazing to think of.