However, with analysts speculating the bull run will continue until Christmas, many experts expect to see BTC hit $100,000 by the end of the year. There’s no telling what could happen to BTC in the next couple of months, and diminishing returns mean we’re unlikely to see such extreme price action. In the same period in 2017, BTC grew 90%.Īfter a head and shoulders pattern (of which BTC has just seen this year), BTC jumped from $6767 on November 1 to a high of 19,497 on December 16 - up 188%. After its September 2021 low, BTC soared 62% to a new All-Time High of $65,992 on October 20. This year, it dropped 22% below its $52,633 high, while in 2017, it dropped 35%.įollowing the dips, Bitcoin rapidly grew during ‘Uptober’.

Over the course of the year, Steam began to accept Bitcoins. 2016 was a year of steady growth as many new investors slowly began to express their curiosity and started to slowly invest. 2016 began at a price of 426 and closed at a high of 970. This year, BTC rose from $29,807 on July 20 to $52,633 on September 6 - an increase of 76%.īTC then suffered a slight crash during September in both 20. 2016 was the foundation year, which led to the Bitcoin-boom of 2017.

On July 16, 2017, 1 BTC cost $1929, growing 153% to a high of $4892 by the start of September.

Bitcoin 2017 price chart