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Bitcoin's annual performance tells quite a story when you look at the bigger picture. From 2011 through 2024, the pattern becomes unmistakable: most years we see upside, but every few years the market takes a breather.
The record shows a clear rhythm—2011, 2012, 2013 all green. Then 2014 pulled back. But recovery came in 2015-2017 with strong gains. 2018 saw another correction. Then 2019-2021 delivered three solid years of returns. Last cycle: 2022 down, 2023-2024 back up.
Look at the gaps between the down years—roughly 4 years apart (2014, 2018, 2022). It's not random. Bitcoin's built-in halving cycle, macro conditions, and sentiment shifts create this rhythm. Spot the pattern yet? Understanding these waves matters for anyone tracking crypto market cycles.