#BTC🔥🔥🔥🔥🔥 Bitcoin Historical Trend Review
1. Since the birth of the genesis block in January 2009, Bitcoin has experienced several dramatic bull and bear cycles, with prices ranging from $0 to a peak of $126,198 (October 6, 2025), showing a long-term exponential increase but accompanied by extreme volatility. The core drivers remain the four-year halving, supply shocks, institutional adoption, macro liquidity, and emotional rotation.
2. Early Stage (2009–2013): Bitcoin was almost worthless, with the first transaction in 2010 at about $0.003 per coin. In 2011, the first bubble surged to $31, followed by a crash. After the halving in 2013, it skyrocketed from $13 to $1,242 (+9,500%), then fell back at the end of the year, exacerbated by the Mt. Gox exchange hacking incident that heightened panic.
3. The first complete large cycle (2015–2018): After the halving in 2016, it started from about $400 and was propelled to nearly $20,000 (December 2017) by the ICO frenzy and retail FOMO, followed by a bear market crash in 2018, plummeting 84% to a bottom of $3,200.
4. Institutional and pandemic cycle (2019–2022): After the halving in 2020, it skyrocketed from $4,000, with companies like Tesla and MicroStrategy buying in + global quantitative easing, reaching a historical high of $69,000 in November 2021. In 2022, aggressive interest rate hikes by the Federal Reserve + the FTX collapse caused it to drop to $15,500 (-77%).
5. Fourth cycle (2023–present): Surpassed $73,000 before the halving in April 2024. By the end of 2024, driven by Trump's victory and continuous ETF inflows, it broke $100,000. 2025 continued the strong trend: exceeded $110,000 in May, touched $123,000 in August, and created an ATH of $126,198 on October 6. However, profit-taking at high levels and macroeconomic uncertainties led to a correction, falling below $75,000 in early 2026; currently (February 2026) fluctuating around $78,000–$79,000, a decline of about 38% from the ATH.
6. Historical patterns are clear: A peak often occurs 12–18 months after halving, followed by a deep correction of 70%–85%, but each bottom shows significant elevation (2018 bottom $3k → 2022 bottom $15k → current potential bottom $70k+). The current cycle has passed its peak, entering a typical transition phase between bull/bear markets, with high volatility continuing; long-term holders still dominate, and the supply contraction logic remains unchanged. The future depends on continuous inflows from institutions, a shift in Federal Reserve policy, and the speed of global adoption. Bitcoin remains a high-risk, high-reward asset, rising cyclically rather than linearly.
