Thursday, January 7, 2021

Key Events/Dates in Bitcoin Price History

I thought I'd post a list of what I consider some important key events and dates to keep in mind. I find this helps me zoom out and see the big picture and not get lost in the weeds of day to day & week to week price swings.

Disclaimer: Past performance does not guarantee future results. I am not a financial advisor, doctor, or a lawyer, nor did I stay at a Holiday Inn Express last night. I do not own a crystal ball or a time machine. Do your own research. Do not invest more than you can afford to lose. It's different this time. Institutions! YMMV. Hodl. Time in market beats timing the market. Don't buy Bitcoin, 'cause you know it's going to crash again.

With that out of the way, the dates and prices are approximated for simplicity, and sources are listed at the end. The only highs that I find relevant are persistent highs that last for several years and through the next halving, so that's what you'll see. If there's anything egregiously wrong, let me know. If there are any events that you think are important that I've left out, then make your own damn list. This one is mine.

Month Event Approximate Price ATH % change from previous event
January 2009 Genesis Block
June 2011 Pre Halving High $30 $30
November 2011 Bottom between high and first halving $2.20 $30 -92.67% from high
November 2012 First Halving $12.35 $30 +560% since bottom
February 2013 Return to High $30 $30 and climbing +243% since halving
December 2013 New Persistent High $1,150 $1,150 +3,830% since return to previous high
January 2015 high->halving bottom $200 $1,150 -83% from high
July 2016 Second Halving $650 $1,150 +325% since bottom
February 2017 Return to High $1,150 $1,150 and climbing +177% since halving
December 2017 New Persistent High $20,000 $20,000 +1,739% since return to previous high
December 2018 high->halving Bottom $3,200 $20,000 -84% from high
May 2020 Third Halving $8,900 $20,000 +278% since bottom
December 2020 Return to High $20,000 $20,000 and climbing +224% since halving

If the next couple events follow a similar pattern (they won't) then one might expect (one shouldn't, because they won't) to see...

? November 2021 ? New Persistent High ?? $100k - $400K ?? +500-2,000% since return to previous high
? November 2022 ? high->halving bottom ?? $15k - $60k ?? -85% from high
? December 2023/January 2024 ? Fourth Halving ?? $50k - $200K ?? +300% since bottom

There are definitely not enough data points here to draw any good conclusions, so, take this all with many, many, many grains of salt.

Sources;


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