Historical price cycles of Bitcoin
Bull and bear market cycles: Bitcoin has gone through multiple bull markets (price surges) and bear markets (price declines), such as:
2013: First surpassed $1,000.
2017: Reached a peak of nearly $20,000.
2018: Fell back to around $3,000.
2021: Once again surpassed $60,000.
2025: Expected to break new highs, possibly $150,000, possibly $200,000.
Cyclical patterns: Historically, the price of Bitcoin may be influenced by 'cyclical patterns', with a halving event occurring every four years (every 210,000 blocks), typically followed by a bull market within a year.
Advice for ordinary people to invest in Bitcoin
Research and education📚: Learn more about how Bitcoin works, its technology, and market dynamics before investing.
Reasonable fund allocation💰: Don’t invest all your funds in Bitcoin; it’s advisable to only use an amount you can afford to lose.
Long-term holding🕰: Consider long-term investment; short-term fluctuations may lead to emotional decisions.
Choose secure exchanges🔐: Trade on reputable exchanges and implement security measures, such as two-factor authentication.
Diversified investments🌐: In addition to Bitcoin, consider investing in other types of cryptocurrencies or traditional assets to spread risk.
Stay calm😌: Remain calm during market fluctuations and avoid making emotional reactions.$BTC
