Bitcoin's first release date is January 3, 2009. The psychology and market dynamics of Bitcoin have gone through the following stages:
1. **Denial and Doubt (2009-2011)**: Skepticism prevailed among technical enthusiasts and cryptography experts.
2. **Early Adoption and Growth (2011-2013)**: Price increased, early adopters and investors entered the market.
3. **Bubble and Crash (2013-2014)**: The value increased rapidly, followed by a serious decline.
4. **Consolidation and Development (2015-2016)**: The price has been stable, the technological infrastructure has developed.
5. **Mainstream and Regulation (2017-2019)**: The price approached $20,000, great interest and regulations increased.
6. **Institutional Adoption and Investment (2020-2021)**: Institutional investors and large companies have adopted Bitcoin.
7. **Maturation and Adaptation (2022-present)**: Bitcoin is seen as digital gold, integrating with DeFi and NFTs. The market is maturing with regulations.
The psychology of Bitcoin evolves with volatility, regulatory environment and level of adoption.
