Bitcoin Price Every New Year's Eve in Bitcoin History

[Dave1]

Nevertheless, I will say congratulations to those investors who risked their money during the bear market in 2022, and accumulated some Bitcoins at that time. If you bought at the bottom or near to it, you already doubled your money in just one year. I mean which investment doubles your money in only 1 year? Stocks on average gives only 7-8% per year and other assets give below 7%.

It's not the risk, it's the mental fortitude as well to buy the dip during the November crash in 2022 due to the FTX collapse. Because if you don't have the mental toughness, you might have sold and lose hope that time as the market goes down to $15,500 and there are a lot of doom sayers that Bitcoin is done.

But after that, 2023 was a good year, we have like 150% or more increased from the collapse.

And up to the opening of 2024, we are still moving forward after the New Year.

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[AakZaki]

Another new year is here again and, many BTC hodlers are still hodling their coins waiting for the price to pump to $50k before they will start selling their BTC but currently the price is still struggling to pump above $45k before hodlers will believe that bull run will start this January. There is something special about BTC, that is giving people joy to continue embracing the coin in the time of bear run because BTC still remain the king among other cryptocurrencies and whenever it take a good move other cryptocurrencies price will begin to take a good move too.

No doubt that bull run that will make hodlers to forget their pain of hodling will surely occur in this year 2024 and, it will last till 2025 for those that used the opportunity to buy when the price was low will be excited because they will experience $69k or $80k before the end of 2025.

Being a holder since the Bitcoin price crash until now will certainly smile with the profits you have made. Bitcoin has now reached a price of $46,000 and ii being the highest price of the year, Bitcoin will continue to reach the target of $50,000 and then break the previous ATH resistance. just need to wait for a lot of positive news about Bitcoin which will make a new ATH.

[_BlackStar]

Am I the only one seeing the pattern?
From 2013-2017, the pattern is DOWN-UP-UP-UP.
From 2017-2021, it's the same pattern. DOWN-UP-UP-UP.
Now 2021-2025, we are seeing at least almost the same pattern. DOWN-UP-(UP-UP).

Let's be honest - I don't want to scream about it, but it's a possibility. I'm optimistic about seeing a 3-year grow up for bitcoin ^{[2023, 2024 and 2025],} but something realistic is also worth noting. Of course - I wouldn't be too greedy in terms of when to take profits, as long as the goal has been achieved then sell is a must.

This year we all hope the SEC approves a spot bitcoin ETF - while the halving will also encourage more optimism. We will see a new ATH - this year or maybe next year, but again we will have to wait patiently. I see some users are starting to doubt to entry now - perhaps they still lack knowledge about bitcoin and its future potential.

[justdimin]

Nevertheless, I will say congratulations to those investors who risked their money during the bear market in 2022, and accumulated some Bitcoins at that time. If you bought at the bottom or near to it, you already doubled your money in just one year. I mean which investment doubles your money in only 1 year? Stocks on average gives only 7-8% per year and other assets give below 7%.

It's not the risk, it's the mental fortitude as well to buy the dip during the November crash in 2022 due to the FTX collapse. Because if you don't have the mental toughness, you might have sold and lose hope that time as the market goes down to $15,500 and there are a lot of doom sayers that Bitcoin is done.

But after that, 2023 was a good year, we have like 150% or more increased from the collapse.

And up to the opening of 2024, we are still moving forward after the New Year.

That is true, I think that it is going to keep going higher and higher, in 2025 it will continue to go higher, so I think 2024 will end in a situation where it is not really all that crazy, it is going to be quite good and it is going to be a decent increase but not to the peak, we are not going to peak at 2024, I believe that we are going to peak at 2025 and that means 2024 has to end at a good but understandable level.

I believe that under 100k is the way to end, something like 60k to 70k would be lovely, it would be both up and would make us happy, but it would also be something that we could care about as well, it would be something that has the potential to keep growing even more during 2025 which is why I am holding for long term.

[cryptomaniac_xxx]

Am I the only one seeing the pattern?
From 2013-2017, the pattern is DOWN-UP-UP-UP.
From 2017-2021, it's the same pattern. DOWN-UP-UP-UP.
Now 2021-2025, we are seeing at least almost the same pattern. DOWN-UP-(UP-UP).

Let's be honest - I don't want to scream about it, but it's a possibility. I'm optimistic about seeing a 3-year grow up for bitcoin ^{[2023, 2024 and 2025],} but something realistic is also worth noting. Of course - I wouldn't be too greedy in terms of when to take profits, as long as the goal has been achieved then sell is a must.

This year we all hope the SEC approves a spot bitcoin ETF - while the halving will also encourage more optimism. We will see a new ATH - this year or maybe next year, but again we will have to wait patiently. I see some users are starting to doubt to entry now - perhaps they still lack knowledge about bitcoin and its future potential.

And we do have the approval already from SEC and prices pushing at least $47k as of the moment. So everything is falling into pieces, approval and then we will have to wait for the block halving around April as the final catalyst for the eventual bull run.

So not sure if that pattern holds true, but what we know is that with this kind of news, market going bullish and every one is very happy and optimistic and looking forward for whatever will be the biggest run and new ATH of 6 digits.

[Xxmodded]

2023 - $42,611.83 (Present)

Have good pattern of bitcoin price for this news year start from $42 and first week on this years success break out until $47k exactly after confirming good news with Bitcoin ETF approval. I am so excited waiting bitcoin price for the first month of new year will break out until $50k or have correction again after publishing with good news. Usually at the beginning new years not any good progress of bitcoin but on the middle year will be moment for bitcoin raise to higher price and make several new highest price.
Good news with ETF bitcoin approval and few months left before halving will make many positive side from bitcoin will break out new highest price for this year, I think not difficult yet for bitcoin will bounce to $70k for this year.