The price increases in previous cycles show exponential growth. After the halving in 2012, BTC went from USD 12 to over USD 1,100 in 2013. After the one that occurred in 2016, it rose from USD 650 to nearly USD 20,000 in 2017. And after the one in 2020, it jumped from USD 8,000 to USD 69,000 in 2021.
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