A Decade of Bitcoin: Tracking the King of Crypto Through Market Cycles
Bitcoin's journey from $755 in 2013 to $92,627 in 2024 tells a fascinating story of volatility, adoption, and market maturation. Let's break down what the price movements reveal about crypto market psychology.
The early days saw wild swings: plummeting from $14,840 in 2017 to just $3,810 in 2018 was brutal for HODLers. That crash shook confidence, yet 2019 bounced back to $7,240—a signal that believers kept accumulating.
Then came the institutional era. 2020 skyrocketed to $28,837, followed by 2021's explosive $47,192. Many thought that was peak hype. Wrong. The market corrected sharply to $16,604 in 2022, but recovered to $42,221 in 2023.
2024 was the breakout: $92,627 marked a new all-time high. What changed? More regulatory clarity, spot ETF approvals, and corporations warming up to crypto. 2025 sits at $88,415—consolidation after explosive gains.
The pattern is clear: Bitcoin doesn't move in straight lines. It cycles through fear, greed, adoption waves, and correction phases. Whether 2026 reaches new heights or pulls back depends on macroeconomic conditions and regulatory momentum. One thing's certain—the volatility that scares newbies is exactly what creates opportunity for those who understand the cycle.
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LayoffMiner
· 2h ago
Damn, 92k has really been reached. Back when it was 3810, I was still debating whether to buy the dip or not.
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Cycle, to put it simply, is a psychological game. When beginners get scared off, it's just the big players taking the chips.
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What will 2026 look like? Just watch the macro situation. Anyway, just stacking coins.
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From 755 to 92k, over ten years, and people still ask me why I haven't sold. Nah, I'm just waiting for the next round.
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Institutional entry really changed the game. It's no longer just retail investors going crazy.
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I remember clearly when it dropped from 14840 to 3810. Now it’s a classic meme haha.
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After the ETF approval, everything felt different. Even my sister started asking me when to buy Bitcoin.
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Volatility scares off newbies, but we just see it as an opportunity to clear out the inventory.
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Regulatory clarity should have come long ago. The earlier it arrives, the sooner the era of chopping the leeks ends.
View OriginalReply0
DataOnlooker
· 01-03 09:55
Oh no, it's the same cycle again... Every time they say "understanding the cycle can make you money," but how many actually profit?
Speaking of which, from 3810 to 92627, it's been quite crazy over the past ten years. No wonder newbies are scared away.
View OriginalReply0
StakoorNeverSleeps
· 01-02 21:03
92k really isn't as far as I imagined, now it's just a matter of who can hold out until the next bull market
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It's that same cycle theory again. I just want to know if we can hit 100,000 in one go this year?
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Damn, institutions really changed the game, no longer just retail investors taking turns to cut each other's gains
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Every time they say understanding the cycle can make money, but the question is, who can really hit the mark?
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A correction from 92,000 to 88,000— is that what you call consolidation? Feels more like a disguised price drop
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From 3810 to 92627, a 30x increase in ten years... what have I been doing all these years?
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Honestly, ETFs have really broken through, but can we trust regulation? Who knows what policies will look like next year
View OriginalReply0
OneBlockAtATime
· 01-02 09:28
The dip to 3810 in 2017 was really terrifying. Looking back now, it was the best buying opportunity.
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token_therapist
· 01-01 15:58
It's the same "cycle theory" again, I'm tired of hearing it... But I really missed out on the 90,000 yuan wave, and I regret it deeply.
View OriginalReply0
BoredStaker
· 01-01 15:57
Look at this rally... That wave in 2017 really broke people's defenses, but those who stuck around until now are all getting rich.
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When it broke through 92k, I didn't get in. Now looking back at the articles, it's unbelievable—those who missed out are truly missing out.
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Cycle cycle cycle, that's right. It all depends on who can withstand the pullback without selling at a loss.
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Institutional entry changed everything; otherwise, how could we have today's situation? How many people were trapped at the high point in 2021?
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The 88k level is a bit awkward—should we continue upward or start preparing... Honestly, I'm a bit unsure.
View OriginalReply0
DAOTruant
· 01-01 15:42
92K really can't hold anymore; it's truly a pity that I didn't buy the dip during the 3800 level earlier.
View OriginalReply0
BearMarketHustler
· 01-01 15:38
Looking at the market trends over the past ten years, I recall when it dropped to 3810 in 2018. Back then, someone really laughed at me for being naive. Now that it’s at 92,627, it’s definitely a slap in the face.
View OriginalReply0
TestnetFreeloader
· 01-01 15:29
NGL, looking at this chart makes me think of the people who got wrecked in 2017. How are they doing now... 92k is really impressive.
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HODL for ten years to reach only 92k? I went all in early, but unfortunately, I wasn't quick enough.
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So, volatility isn't risk; it's a pie. The key is to survive long enough.
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Will there be another crash in 2026? I still want to buy the dip...
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This article is just one sentence—prices will go up and down, just don't panic.
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Institutional entry has really changed the game, but can retail investors still play now?
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I didn't catch the rise from 755 to 92k, but I can accept a price of 88k.
A Decade of Bitcoin: Tracking the King of Crypto Through Market Cycles
Bitcoin's journey from $755 in 2013 to $92,627 in 2024 tells a fascinating story of volatility, adoption, and market maturation. Let's break down what the price movements reveal about crypto market psychology.
The early days saw wild swings: plummeting from $14,840 in 2017 to just $3,810 in 2018 was brutal for HODLers. That crash shook confidence, yet 2019 bounced back to $7,240—a signal that believers kept accumulating.
Then came the institutional era. 2020 skyrocketed to $28,837, followed by 2021's explosive $47,192. Many thought that was peak hype. Wrong. The market corrected sharply to $16,604 in 2022, but recovered to $42,221 in 2023.
2024 was the breakout: $92,627 marked a new all-time high. What changed? More regulatory clarity, spot ETF approvals, and corporations warming up to crypto. 2025 sits at $88,415—consolidation after explosive gains.
The pattern is clear: Bitcoin doesn't move in straight lines. It cycles through fear, greed, adoption waves, and correction phases. Whether 2026 reaches new heights or pulls back depends on macroeconomic conditions and regulatory momentum. One thing's certain—the volatility that scares newbies is exactly what creates opportunity for those who understand the cycle.