Bitcoin Analysis

Bitcoin or known as digital gold is a cryptocurrency. The first one and the most important one since the beginning of WEB 3 era.

We analyzed it in period of 2021 - 2025 and here are the resoults:

2021:

• January:

  • Opening Price: $29,000
  • Closing Price: $33,000
  • Commentary: Bitcoin began the year with a strong upward trend, reflecting increased institutional interest.

• April:

  • Peak Price: $63,000
  • Commentary: Achieved a then all-time high, driven by mainstream adoption and positive market sentiment.

• July:

  • Lowest Price: $29,000
  • Commentary: Experienced a significant dip due to regulatory concerns and environmental debates.

• December:

  • Closing Price: $47,000
  • Commentary: Ended the year on a positive note, recovering from mid-year lows.

2022:

• January:

  • Opening Price: $47,000
  • Closing Price: $38,000
  • Commentary: Faced downward pressure amid global economic uncertainties.

• March:

  • Peak Price: $48,000
  • Commentary: Brief rally due to geopolitical tensions and investors seeking alternative assets.

• June:

  • Lowest Price: $20,000
  • Commentary: Sharp decline influenced by macroeconomic factors and market corrections.

• December:

  • Closing Price: $16,000
  • Commentary: Concluded the year with continued bearish trends.

2023:

• January:

  • Opening Price: $16,000
  • Closing Price: $23,000
  • Commentary: Signs of recovery as market sentiment improved.

• March:

  • Peak Price: $28,000
  • Commentary: Momentum continued with increased adoption and favorable news.

• June:

  • Lowest Price: $25,000
  • Commentary: Minor correction amidst profit-taking and regulatory discussions.

• December:

  • Closing Price: $30,000
  • Commentary: Steady growth, ending the year on a higher note.

2024:

• January:

  • Opening Price: $30,000
  • Closing Price: $25,000
  • Commentary: Experienced a dip, marking the year's lowest point.

• March:

  • Peak Price: $73,000
  • Commentary: Surged to a new all-time high, driven by positive market developments.

• August:

  • Highest Price: $69,000
  • Commentary: Maintained high levels, reflecting sustained investor confidence.

• December:

  • Closing Price: $93,000
  • Commentary: Ended the year with robust growth, surpassing previous highs.

2025 (Up to February):

• January:

  • Opening Price: $93,000
  • Closing Price: $107,000
  • Commentary: Continued upward trajectory, reaching new peaks.

• February:

  • Current Price: $87,000
  • Commentary: Recent decline attributed to economic uncertainties and policy concerns.