Bitcoin Price Chart
From Crash to Cash.
Late 2019
Bitcoin, the sleeping giant, lay dormant at $7,000. Little did the world know, this digital behemoth was about to embark on a journey that would make Wall Street's wildest rides look like a merry-go-round.
2020
Enter COVID-19, the black swan that turned financial markets into a mosh pit. March saw Bitcoin plummet to $3,850, a nosedive that had skeptics gleefully writing obituaries. But like a phoenix with a chip on its shoulder, Bitcoin wasn't just reborn – it went supernova.
By December, it had rocketed past $29,000. This wasn't just a rally; it was a middle finger to the traditional financial system. While central banks were printing money faster than teenagers post selfies, Bitcoin was showing the world what digital scarcity truly means.
2021
The year Bitcoin crashed the mainstream party. Tesla's $1.5 billion investment was like throwing gasoline on a crypto bonfire. Coinbase went public, slapping a Wall Street sticker on the crypto world. And El Salvador? They went full YOLO, making Bitcoin legal tender.
Nov 2021
Bitcoin touched $69,000. Lambos were ordered. Champagne corks flew. For a moment, it seemed like we'd all be retiring to private islands.
2022
Winter is coming. The crypto market hit like a Siberian express train. Terra Luna collapsed faster than a house of cards in a hurricane. Bitcoin tumbled below $16,000, and suddenly, those Lambo orders didn't seem so smart.
2023
As Wall Street nursed its Silicon Valley Bank hangover, Bitcoin decided it wasn't done yet. It clawed its way back above $40,000, shrugging off regulatory threats like a honey badger dismisses bee stings. The whispers of a Bitcoin ETF grew to a roar.
Aug 2024
Bitcoin's smashing through $60,000 like it's made of tissue paper. Spot ETFs have flung open the institutional floodgates. The fourth halving event has turned the supply squeeze up to eleven.
From $3,850 to $60,000+ in four years. It's not just a price movement; it's a revolution, a religion, a middle finger to the status quo.
In the Future
In an era where AI is rewriting the rules of technology and geopolitics is messier than a Jackson Pollock, Bitcoin's trajectory seems inexorably linked to the pulse of the global zeitgeist. Each pump and dump is a snapshot of our collective economic psyche.
Where to next? $100,000? The heat death of the universe? Who knows. But one thing's for sure – in the world of Bitcoin, the only constant is change, and the only predictable element is its unpredictability.
2024.8.18