Price details of Bitcoin since its birth. Comprehensive historical price trend of BTC (latest compiled in December 2024)

The initial price of Bitcoin when it was created was $0.0008, and as of December 31, 2024, the price is $94,015. Key factors affecting Bitcoin prices include: supply and demand, market sentiment, technological progress, regulatory factors and economic factors. Important indicators for predicting future prices include: technical analysis, fundamental analysis, sentiment analysis, on-chain analysis and comparative analysis.

Bitcoin price details since its birth: BTC historical price trend (latest compiled in December 2024)

Historical trend of Bitcoin price

• January 3, 2009: Bitcoin was born with an initial price of $0.0008.
• February 9, 2011: Bitcoin exceeded the $1 mark for the first time.
• December 4, 2013: Bitcoin reaches its first major peak at $1,100.
• December 18, 2017: Bitcoin reaches an all-time high at $19,229.
• December 15, 2018: Bitcoin price plummets to $3,235.
• December 16, 2020: Bitcoin breaks through the $20,000 mark again.
• November 10, 2021: Bitcoin reaches an all-time high of $69,044.
• May 12, 2022: Bitcoin price plummets to $25,371, its lowest point in two years.
• March 1, 2023: Bitcoin price rebounds to $27,844.
• December 31, 2024: The current Bitcoin price is $94,015.

Key factors affecting Bitcoin price

• Supply and Demand: The total supply of Bitcoin is limited (21 million coins), while the demand for it is constantly growing.
• Market Sentiment: Confidence and expectations for Bitcoin can lead to price fluctuations.
• Technological Advances: Advances in blockchain technology and increased adoption of Bitcoin have driven price increases.
• Regulatory Factors: The stance of governments and regulators on cryptocurrencies can affect investor confidence and prices.
• Economic factors: Economic recession, inflation and interest rate changes tend to affect Bitcoin prices.

Important indicators for predicting the future price of Bitcoin

• Technical analysis: Trend lines, support and resistance levels, etc. Technical analysis tools can help identify potential price movements.
• Fundamental Analysis: Consider Bitcoin’s underlying value, adoption rate, and development activity.
• Sentiment Analysis: Monitor social media sentiment, search trends and investor surveys to gauge market sentiment.
• On-chain analytics: Analyze blockchain data such as the number of active addresses and transaction volume to understand network activity.
• Comparative Analysis: Compare the performance of Bitcoin to other cryptocurrencies and traditional assets to assess its relative value.

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