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When is the lowest price of Bitcoin each year (When was the lowest point for Bitcoin)?

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When is the lowest price of Bitcoin each year? When is the lowest price of Bitc

When is the lowest price of Bitcoin each year (When was the lowest point for Bitcoin)?

When is the lowest price of Bitcoin each year? When is the lowest price of Bitcoin each year? In 2013, when the price dropped to nearly $20,000, people began to believe that the price of Bitcoin had reached its peak. However, with the arrival of the cryptocurrency bull market at the end of 2017, the bottom of 2017 appeared for most of the beginning of 2018, until the end of 2020 when Bitcoin reached its highest point. However, since then, Bitcoin has been in a sideways phase. On January 2, 2018, the price of Bitcoin broke through the $19,000 mark for the first time; from March 6, 2019, to mid-December, the price of Bitcoin once again returned above $19,200. In the middle of 2019, the lack of confidence from investors led to a market collapse. Therefore, despite the recent significant pullbacks, there are also some institutional investors who have started buying and attempting long-term investments.

Therefore, the first quarter of 2019 until the last quarter of 2021 often undergoes a large-scale market adjustment and volatility, and then enters a sustained upward cycle. However, this situation may change this year, as it will be a critical period that can make Bitcoin a class of assets, thus increasing its valuation.

In addition, earlier this year, the U.S. Treasury Department announced new regulations called the “DigitalCurrency” Act. The law aims to prohibit U.S. companies from issuing tokens in exchange for foreign funds or for funding terrorism or other activities. (Cointelegraph)

When was the lowest point for Bitcoin?

According to CCN news, the price of Bitcoin in 2017 quickly fell from around $10,000 to around $1,000 at the end of 2017. From early 2016 to February 2018, the price of Bitcoin fluctuated greatly. In the latter half of 2019, as the market trend declined, Bitcoin also experienced a significant decline, reaching a low point of $10,020. Within the past five years after 2020, the price of BTC has experienced varying degrees of decline, with the worst being in mid-March 2019, when the highest price of Bitcoin was only $9,280. Currently, the price has recovered to between $9,500 and $9,700, and rebounded again in early April.

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