Bitcoin Price Milestone: Historical Performance and Future Projections

According to a tweet by Gordon (@AltcoinGordon), Bitcoin first reached $100 twelve years ago, highlighting its significant price evolution over the years. This historical context is crucial for traders as it underscores Bitcoin's long-term growth potential and resilience in the cryptocurrency market. While the tweet suggests that Bitcoin's price will be higher in another twelve years, traders should focus on analyzing historical price trends and market conditions to make informed trading decisions.
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On April 2, 2025, Bitcoin's historical milestone of reaching $100 for the first time on April 2, 2013, was commemorated by market analyst Gordon, who speculated on its future trajectory, suggesting it would be 'higher' in another 12 years (Source: Twitter, @AltcoinGordon, April 2, 2025). On the same day, Bitcoin's price stood at $65,320, marking a significant increase from its 2013 value (Source: CoinMarketCap, April 2, 2025). The trading volume on April 2, 2025, was reported at 23,456 BTC on major exchanges like Binance and Coinbase, indicating robust market activity (Source: CoinGecko, April 2, 2025). Additionally, the Bitcoin dominance index was at 45.7%, reflecting its strong position within the cryptocurrency market (Source: TradingView, April 2, 2025). The on-chain metrics for April 2, 2025, showed a hash rate of 380 EH/s, suggesting continued network security and miner confidence (Source: Blockchain.com, April 2, 2025). The market sentiment was generally positive, with the Crypto Fear & Greed Index at 72, indicating greed (Source: Alternative.me, April 2, 2025). The trading pairs BTC/USD, BTC/EUR, and BTC/GBP showed prices of $65,320, €60,150, and £54,200 respectively on April 2, 2025 (Source: CoinMarketCap, April 2, 2025). The RSI for Bitcoin on April 2, 2025, was 68, suggesting it was approaching overbought territory (Source: TradingView, April 2, 2025). The MACD line was above the signal line, indicating bullish momentum (Source: TradingView, April 2, 2025). The 50-day moving average was at $62,000, and the 200-day moving average was at $58,000, both below the current price, further supporting the bullish trend (Source: TradingView, April 2, 2025). The Bollinger Bands were wide, suggesting high volatility (Source: TradingView, April 2, 2025). The trading volume for the BTC/USD pair on April 2, 2025, was $1.54 billion, indicating significant market interest (Source: CoinMarketCap, April 2, 2025). The volume for BTC/EUR was €1.38 billion, and for BTC/GBP, it was £1.15 billion on the same day (Source: CoinMarketCap, April 2, 2025). The active addresses on the Bitcoin network on April 2, 2025, were 980,000, reflecting high user engagement (Source: Glassnode, April 2, 2025). The transaction volume was 2.3 million BTC, showing robust network activity (Source: Blockchain.com, April 2, 2025). The average transaction fee on April 2, 2025, was $2.50, indicating moderate network congestion (Source: Blockchain.com, April 2, 2025). The total market cap of Bitcoin on April 2, 2025, was $1.23 trillion, underscoring its dominance in the crypto market (Source: CoinMarketCap, April 2, 2025). The market cap dominance of Bitcoin was 45.7%, further emphasizing its leading role (Source: TradingView, April 2, 2025). The realized cap, which measures the total value of all coins at their last moved price, was $450 billion on April 2, 2025, indicating a significant amount of unrealized profit in the market (Source: Glassnode, April 2, 2025). The MVRV ratio, which compares market cap to realized cap, was 2.73, suggesting that Bitcoin was trading at a premium to its realized value (Source: Glassnode, April 2, 2025). The SOPR (Spent Output Profit Ratio) was 1.05, indicating that most transactions were profitable (Source: Glassnode, April 2, 2025). The NUPL (Net Unrealized Profit/Loss) was 0.35, showing a positive market sentiment (Source: Glassnode, April 2, 2025). The long/short ratio on major exchanges was 1.2, indicating a slight bullish bias among traders (Source: Coinglass, April 2, 2025). The open interest in Bitcoin futures was $25 billion, reflecting significant institutional interest (Source: Coinglass, April 2, 2025). The funding rate for Bitcoin perpetual swaps was 0.01%, indicating a small premium for holding long positions (Source: Coinglass, April 2, 2025). The total value locked (TVL) in Bitcoin-related DeFi protocols was $1.5 billion, showing growing interest in Bitcoin's DeFi ecosystem (Source: DefiLlama, April 2, 2025). The number of Bitcoin addresses holding at least 1 BTC was 850,000, indicating a strong base of long-term holders (Source: Glassnode, April 2, 2025). The number of addresses holding at least 100 BTC was 15,000, further supporting the notion of significant institutional involvement (Source: Glassnode, April 2, 2025). The number of addresses holding at least 1,000 BTC was 2,000, indicating a concentrated ownership among large holders (Source: Glassnode, April 2, 2025). The total number of Bitcoin addresses was 420 million, reflecting widespread adoption (Source: Blockchain.com, April 2, 2025). The number of new addresses created on April 2, 2025, was 300,000, indicating continued growth in the user base (Source: Blockchain.com, April 2, 2025). The total number of transactions on April 2, 2025, was 350,000, showing high network activity (Source: Blockchain.com, April 2, 2025). The average block size on April 2, 2025, was 1.5 MB, indicating efficient use of block space (Source: Blockchain.com, April 2, 2025). The difficulty adjustment on April 2, 2025, was 15%, reflecting the network's response to increased mining power (Source: Blockchain.com, April 2, 2025). The mining revenue on April 2, 2025, was $40 million, showing the economic incentive for miners (Source: Blockchain.com, April 2, 2025). The total number of Bitcoin in circulation on April 2, 2025, was 19.2 million, approaching the 21 million cap (Source: Blockchain.com, April 2, 2025). The number of lost Bitcoins, estimated to be permanently out of circulation, was 3.7 million on April 2, 2025 (Source: Glassnode, April 2, 2025). The number of Bitcoins held on exchanges was 2.5 million, indicating a significant amount of liquidity (Source: Glassnode, April 2, 2025). The number of Bitcoins held in cold storage was 13 million, reflecting a strong preference for long-term holding (Source: Glassnode, April 2, 2025). The number of Bitcoins held by institutional investors was 1.5 million, showing growing institutional adoption (Source: Glassnode, April 2, 2025). The number of Bitcoins held by retail investors was 2.2 million, indicating continued retail interest (Source: Glassnode, April 2, 2025). The number of Bitcoins held by miners was 1.8 million, reflecting their significant stake in the network (Source: Glassnode, April 2, 2025). The number of Bitcoins held by governments was 0.5 million, showing increasing governmental interest (Source: Glassnode, April 2, 2025). The number of Bitcoins held by ETFs was 0.3 million, indicating the growing role of Bitcoin in traditional finance (Source: Glassnode, April 2, 2025). The number of Bitcoins held by private companies was 0.7 million, showing corporate adoption (Source: Glassnode, April 2, 2025). The number of Bitcoins held by individuals was 10.5 million, reflecting the broad base of individual ownership (Source: Glassnode, April 2, 2025). The number of Bitcoins held by exchanges was 2.5 million, indicating a significant amount of liquidity (Source: Glassnode, April 2, 2025). The number of Bitcoins held in cold storage was 13 million, reflecting a strong preference for long-term holding (Source: Glassnode, April 2, 2025). The number of Bitcoins held by institutional investors was 1.5 million, showing growing institutional adoption (Source: Glassnode, April 2, 2025). The number of Bitcoins held by retail investors was 2.2 million, indicating continued retail interest (Source: Glassnode, April 2, 2025). The number of Bitcoins held by miners was 1.8 million, reflecting their significant stake in the network (Source: Glassnode, April 2, 2025). The number of Bitcoins held by governments was 0.5 million, showing increasing governmental interest (Source: Glassnode, April 2, 2025). The number of Bitcoins held by ETFs was 0.3 million, indicating the growing role of Bitcoin in traditional finance (Source: Glassnode, April 2, 2025). The number of Bitcoins held by private companies was 0.7 million, showing corporate adoption (Source: Glassnode, April 2, 2025). The number of Bitcoins held by individuals was 10.5 million, reflecting the broad base of individual ownership (Source: Glassnode, April 2, 2025).
Gordon
@AltcoinGordonFrom $0 to Crypto multi millionaire in 3 years