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Every Christmas, the performance of Bitcoin is worth reviewing. The data over the years somewhat reflects the cyclical changes of the entire cryptocurrency market.
Flip through the ledger: in Christmas 2013, BTC was about $669, which was during a bull market year. By 2014, it dropped to $320, marking the first deep correction in the market. In 2015, it slowly recovered to $449, and in 2016, it rose to $899—just before the second halving, when market expectations began to build.
2017 was a watershed year, with BTC reaching around $14,000 before and after Christmas, the peak of the bull market. Then in 2018, it fell to $3,800, marking the bottom of the bear market with significant pain. But markets always rebound; in 2019, it rose back to $7,260, and by 2020, with institutional capital flooding in, it soared to $24,700 by Christmas.
2021 was a crazy year, with BTC hovering around $50,800 before and after Christmas, approaching all-time highs. In 2022, affected by the FTX explosion, it fell into the $16,800 bear market zone. In 2023, as the anticipation of Bitcoin spot ETFs heated up, it rebounded to $43,700. Entering 2024, BTC broke through $99,300 around Christmas, approaching the $100,000 mark.
By early 2025, the price retreated to $87,452. What the future holds, everyone is watching.