Bitcoin’s price has experienced significant fluctuations since 2020, marked by notable peaks and troughs influenced by various market dynamics and global events. Below is an overview of Bitcoin’s price trajectory from 2020 to 2024:
2020:
• Start of Year: Approximately $7,188.46.
• Lowest Point: Around $4,914.09 on March 12, 2020, amid the global market downturn due to the COVID-19 pandemic.
• End of Year: Closed at $28,956.27 on December 31, 2020, reflecting a substantial increase. 
2021:
• January: Surpassed $30,000, continuing its upward momentum.
• April: Reached an all-time high of approximately $64,000.
• Mid-Year Decline: Dropped to around $30,000 by July, influenced by regulatory concerns and environmental debates over mining practices.
• November: Achieved a new peak near $69,000.
• End of Year: Concluded around $47,000, indicating significant volatility.
2022:
• Early Year: Maintained levels between $40,000 and $50,000.
• Mid-Year Decline: Fell below $20,000 in June, affected by broader economic uncertainties and market corrections.
• End of Year: Stabilized around $16,000 to $17,000.
2023:
• Recovery Phase: Gradual ascent, surpassing $30,000 by mid-year.
• October: Reached approximately $44,000, buoyed by positive market sentiment and institutional interest.
2024:
• January: Surged past $50,000, driven by the approval of Bitcoin Spot ETFs in the U.S. 
• March: Achieved a new all-time high of $73,737.94 on March 14, 2024. 
• April: Experienced a halving event on April 19, reducing the block reward from 6.25 BTC to 3.125 BTC. 
• November: Continued its upward trajectory, nearing $100,000, with a recent high of $99,526. 
Throughout these years, Bitcoin’s price has been influenced by factors such as regulatory developments, technological advancements, macroeconomic trends, and shifts in investor sentiment. Its volatility underscores the importance of thorough research and risk assessment for potential investors. $BTC #BTCBreaks100K?
