Is The Bitcoin Bottom In? A Look At 10 Years Of Performance |


Bitcoin has been in existence for less than two decades but its performance has already cemented it as a formidable force to be reckoned with. Over the years, the digital asset has been able to outperform established asset classes multiple times, especially the bull market part of its cycles. Looking back, bitcoin’s yearly performance has also shown to point toward the bottom of the market. In this report, we take a look at the last decade of the performance of bitcoin.

10 Years Of Performance For Bitcoin

Ex-Goldman Sachs executive and founder of Real Vision Raoul Pal shared a visual on Twitter that showed the performance of bitcoin compared to other asset classes in the financial market such as the S&P and the Bloomberg Dollar Index, and it showed just how well the Digital asset has performed in just the last decade alone.

How To Get Free Crypto  
Get 30 FREE SPINS at Punt Casino – NO DEPOSIT REQUIRED! Start Playing Now.
5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The visual which starts from 2013 and follows through to 2022 shows that bitcoin has been able to outperform all the other assets for seven years, emerging at the top for each of those years. On the flip side, in the years where bitcoin did not outperform these asset classes, it happened to be the worst-performing asset for that year.

Examples of these are in 2014, 2018, and now, in 2022, when the digital asset had underperformed by over 50% each time. Each time, the years of underperformance follow years of incredible performance, and then the next year sees the same outperformance again. 

Bitcoin was down -57.51% in the year 2014, but the prior year had grown more than 5,400%. Then the next year in 2015, the cryptocurrency had grown by 36%, topping the list once more. Then for the next three years would continue to outperform the market.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
BTC performance over the last decade | Source: Twitter

This three years of abundance and then one year of drought is replicated again through to 2017, after which, BTC would be the worst performer in 2018, declining by more than 74%. The next three years – 2019 through 2021, would see bitcoin consistently record high returns. 2022 then follows the same trend, performing worse than the broader market after three years of outperformance.

Coinbase Banner  

BTC holds gains from Tuesday | Source: BTCUSD on

Does This Mean The Bottom Is In?

Bitcoin has already lost more than 70% of its all-time high value which points to the bottom and is at least close for the digital asset. Then taking into account the performance of bitcoin over the years and the trend that looks to have been established already, it points to the bottom being registered already.

If the trend holds, then the years 2023 through 2025 could see BTC outperforming the broader market once more. Additionally, it would put the peak of the next bull market somewhere between 2024-2025 with at least double-digit growth expected for the digital asset through these years.

Go to Source
Author: Best Owie

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.