Over the years, every Christmas, someone is curious about Bitcoin's price action on that day. Looking back at the ledger reveals many insights.
In the early days, in 2013, it was only $682 per coin. Who would have thought? The next year, it plummeted to just $319, and many were still bearish at the time. But those who waited patiently saw the madness of 2017 — surging to $14,027 around Christmas, and the entire market exploded.
In the following years, ups and downs became the norm. In 2018, a major bear market hit, dropping to $3,815. The bull market restarted in 2020, reaching $24,665. 2021 was even more intense, hitting $50,430, and everyone was talking about Bitcoin. Then 2022 brought another round of correction, falling back to $16,831.
The stories of recent years are even more interesting. In 2023, it rebounded to $43,790, and in 2024, Christmas saw a new high of $98,150, nearly breaking the six-figure mark. This year, although it retraced to $87,800, the long-term bottom of this cycle has already been raised.
This is the record of Bitcoin on Christmas over the past 12 years, with each number representing a story of market participants.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
8
Repost
Share
Comment
0/400
MeltdownSurvivalist
· 5h ago
The Bitcoin that was worth 682 yuan in 2013 has now skyrocketed to 87,800... The growth span is incredible, truly making a fortune.
View OriginalReply0
StillBuyingTheDip
· 8h ago
The people who bought in 2013 for $682 are now all financially free, right?
View OriginalReply0
BasementAlchemist
· 8h ago
Damn, how are those bearish predictions from 2014 doing now? They probably went bankrupt, haha.
View OriginalReply0
LightningPacketLoss
· 8h ago
That time at 98150 really felt like it was about to break 100,000. I was still wondering if I could get past it.
View OriginalReply0
WinterWarmthCat
· 8h ago
Seeing this data makes me think of the brothers who were trapped at 14,000 back then; now they are probably over the moon.
Almost broke 100,000, that’s a really exciting statement, feels like the next time will do it.
People who bought in at 682 in 2013 must be over the moon, but you really need strong faith to believe in it.
Every big dip is an opportunity; it all depends on who can endure the loneliness.
98,150 is indeed just a little short of 100,000, but why does it always feel like that little bit is never enough?
I quite agree with the judgment that the bottom is being moved higher; it’s not as hopeless as in the early days.
That wave in 2022 was really brutal, but now it just looks like a shakeout.
View OriginalReply0
UnluckyMiner
· 8h ago
I've been saying it all along, those who cut losses in 2022 are now regretting it deeply. To hell with it.
View OriginalReply0
AlwaysQuestioning
· 8h ago
Why didn't I get in when it was 682 yuan in 2013? I'm so regretful.
View OriginalReply0
LuckyBlindCat
· 8h ago
Almost reached 100,000 but didn't get in. Now I regret it to death.
Over the years, every Christmas, someone is curious about Bitcoin's price action on that day. Looking back at the ledger reveals many insights.
In the early days, in 2013, it was only $682 per coin. Who would have thought? The next year, it plummeted to just $319, and many were still bearish at the time. But those who waited patiently saw the madness of 2017 — surging to $14,027 around Christmas, and the entire market exploded.
In the following years, ups and downs became the norm. In 2018, a major bear market hit, dropping to $3,815. The bull market restarted in 2020, reaching $24,665. 2021 was even more intense, hitting $50,430, and everyone was talking about Bitcoin. Then 2022 brought another round of correction, falling back to $16,831.
The stories of recent years are even more interesting. In 2023, it rebounded to $43,790, and in 2024, Christmas saw a new high of $98,150, nearly breaking the six-figure mark. This year, although it retraced to $87,800, the long-term bottom of this cycle has already been raised.
This is the record of Bitcoin on Christmas over the past 12 years, with each number representing a story of market participants.