Bitcoin Price

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Bitcoin (BTC) Price Structure

2009
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Bitcoin Launch (Genesis Block)

Approximate Price (USD)

$0

Remark

Exchange only among creators

2010
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First BTC Use: Buying Pizza

Approximate Price (USD)

$0.01 – $0.08

Remark

2 Pizzas = 10,000 BTC

2011
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Reached $1 for the first time

Approximate Price (USD)

$1 – $30

Remark

Interest begins to rise

2013
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Interest from the dark market + Mt. Gox

Approximate Price (USD)

$13 → $1,100

Remark

Bubble bursts at year-end

2017
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First major Bull Run

Approximate Price (USD)

$1,000 → $19,800

Remark

From ICO fundraising

2018
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Severe Bear Market

Approximate Price (USD)

$6,000 → $3,200

Remark

ฟองสบู่ ICO แตก

2020
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COVID + 3rd Halving

Approximate Price (USD)

$4,000 → $29,000

Remark

สถาบันเริ่มเข้ามาลงทุน

2021
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Initial high $64K, fell to $30K, then $69K

Approximate Price (USD)

$30,000 – $69,000

Remark

Bull run แรงสุดจาก Tesla, MicroStrategy

2022
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Bear Market: FTX & LUNA Collapse

Approximate Price (USD)

$47,000 → $15,500

Remark

ศรัทธาสะเทือน

2023
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Beginning to recover

Approximate Price (USD)

$16,000 → $42,000

Remark

BlackRock ยื่นขอ Spot ETF

2024
(Early Year)
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Spot Bitcoin ETF Approved

Approximate Price (USD)

$42,000 → $73,000

Remark

New ATH (All-Time High)

2025
(Present)
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Sideways Market

Approximate Price (USD)

$56,000 – $110,000

Remark

Entering a pause before the next trend

From the past to the present, Bitcoin has followed a cycle of rapid growth followed by corrections, influenced by factors such as institutional adoption, halving events, and positive or negative news. The key periods can be summarized as follows:

Bitcoin typically follows a 4-year price cycle, aligned with halving events (block rewards cut by 50%).

Year 1 (Post-Halving): Price recovers

Year 2: Price rises to a new all-time high (ATH)

Year 3: Bear market

Year 4: Begins recovery again

Main Price Cycle (4-Year Cycle)

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Halving 2012 → ATH 2013 → Bear 2014 → Recovery 2015

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Halving 2016 → ATH 2017 → Bear 2018 → Recovery 2019

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Halving 2020 → ATH 2021 → Bear 2022 → Recovery 2023–2024

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Post-Halving Apr 2024 → Market trend typically “continues recovering” for ~12–18 months

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Halving 2016 → ATH 2017 → Bear 2018 → Recovery 2019

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Halving 2020 → ATH 2021 → Bear 2022 → Recovery 2023–2024

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