$BTC During the last 10 years, the price of Bitcoin (BTC) on Christmas has experienced many notable fluctuations. Below are some important price milestones on December 25 of each year:
2014: $318
2015: $430
2016: $900
2017: $14,302
2018: $4,021
2019: $7,266
2020: $23,760
2021: $50,888
2022: $16,849
2023: $43,254
These figures show that Bitcoin has undergone strong bullish and bearish cycles over the last decade. In particular, after each halving event (halving of the block reward), the price of Bitcoin often tends to increase significantly in the following 12 to 18 months. The next Halving event will take place in 2024, and it is expected to positively impact the price of Bitcoin in the near future.
Currently, the price of Bitcoin hovers around $95,194.
Some experts predict that the price of Bitcoin could reach $100,000 again by Christmas 2024, based on strong institutional interest and momentum from the approval of Bitcoin ETFs.
