Here is How Much in Percentage Bitcoin Grew from 2010 to 2024, Will it Go Higher?

Market data confirms that the growth of Bitcoin since its inception in 2010 amounts to over 81,999,888% return for investors.

Kashif Raza, the founder of Bitinning, called public attention to the record in a recent analysis, as this massive increase illustrates Bitcoin’s potential for long-term investors. Raza shared a historical chart from 2010 to 2024, highlighting crucial price milestones and overall growth that reflects Bitcoin’s volatility and substantial returns over time.

Crucial Price Milestones

Bitcoin’s journey began in 2010 at a mere $0.09. By 2011, it had gained a remarkable 2,960%, reaching $26.9 and then $123 in October 2012. Remarkably, from the $0.09 level to $123, Bitcoin had soared by an astonishing 136,566%.

The cryptocurrency’s price spiked to $1,238 in 2013 but fell to $687.50. In 2015, Bitcoin’s price slumped to $315.21 but rebounded to $900 towards 2017.

By May 2017, Bitcoin’s value surged to $20,000, closing the year at $19,345. In 2018, it dropped to $6,635.84 after reaching $10,000 in June. The year 2020 witnessed a 416% increase. Bitcoin later peaked at $68,991 in November 2021, though it ended the year at $49,243. While Bitcoin bottomed around $18,000 in December 2022, it later surged 310% to $73,794 by March 14, 2024.

Long-Term Holder Insights

For long-term holders, Bitcoin’s journey illustrates high returns despite numerous price drops and periods of volatility. Notably, those who held their positions through significant drops, such as the fall from $20,000 in 2017 to $6,635.84 in 2018, experienced substantial gains in subsequent years. This proves Bitcoin’s potential as a long-term investment, rewarding patient investors with extraordinary returns.

For instance, market tracker Whale Alert recently highlighted a dormant Bitcoin whale reactivating after over a decade, witnessing a return of over 541,265%.

The whale had 37 BTC tokens valued at $476 in 2012, but the value had expanded over the years to $2,576,901. Another investor, holding 26 BTC since 2012 valued at $301, awakened to a profit of over $1.8 million after 12 years, marking a return of over 599,639%.

Watchers Predict Further Growth for Bitcoin

Commenters on the chart analysis express optimism about Bitcoin’s future. One analyst believes Bitcoin could grow by 1,369% over the next ten years, reaching a million dollars, shifting from speculative to a hedge asset. Another predicts Bitcoin’s price could range between $2 million to $5 million by 2038.

It is worth noting that Bitcoin’s performance from its all-time low of $0.04865 in July 2010 to its current price of $66,052 is even more staggering at 135,744,402%, per CoinMarketCap data.

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