9 years ago on this day, the price of Bitcoin crossed one thousand dollars for the first time

For the first time on November 28, 2013, the price of Bitcoin crossed the thousand dollar mark in old exchanges including Mt. Gox and Bitstamp. It’s been nine years now, and Bitcoin is trading around $16,000, down almost 75% from its all-time high of $69,000.

After breaking the record of one thousand dollars on November 28, 2013, the growth of the price of Bitcoin continued for a few more days and the temporary peak of the price was recorded somewhere above $1,200. A little later, however, a long-term bearish trend began in the Bitcoin market; So that until the beginning of 2017, Bitcoin never managed to recover its position above the level of one thousand dollars.

Since then, Bitcoin has experienced many ups and downs. Sometimes the reception of this digital currency has reached its peak and sometimes most of the investors are disappointed with it. However, if you take a quick look at the chart above, you will notice that one thing has always been constant about Bitcoin; That Bitcoin always comes back!