Bitcoin (BTC) has solidified its position as the leading cryptocurrency, with its price history reflecting dramatic volatility and long-term growth. This article provides a detailed analysis of Bitcoin's historical price movements, trading patterns, and key metrics from early 2024.
Key Bitcoin Price Data (February 2024)
Below is a comprehensive table showcasing Bitcoin's daily performance during February 2024:
| Date | Close Price | Open Price | High | Low | Volume | Change (%) |
|---|---|---|---|---|---|---|
| 2024-2-20 | 52,756.4 | 51,783.1 | 52,936.8 | 51,354.6 | 46.46K | +1.88% |
| 2024-2-19 | 51,783.6 | 52,119.6 | 52,484.8 | 51,694.2 | 36.73K | -0.64% |
| 2024-2-18 | 52,117.5 | 51,646.0 | 52,350.3 | 51,199.6 | 26.89K | +0.91% |
| 2024-2-17 | 51,646.0 | 52,134.2 | 52,175.5 | 50,652.3 | 32.45K | -0.94% |
| 2024-2-16 | 52,134.2 | 51,901.4 | 52,556.7 | 51,612.6 | 52.86K | +0.45% |
Notable trends:
- Significant price surge (+4.16%) on February 14 following institutional investment news
- Strong recovery from January lows, gaining ~25% in 30 days
- 👉 See real-time Bitcoin charts for live updates
Bitcoin Market Analysis
Volatility Patterns
Bitcoin showed characteristic cryptocurrency volatility, with:
- Single-day swings up to 4.87% (January 22)
- Consistent recovery pattern after dips
- Increasing institutional adoption influencing price stability
Trading Volume Insights
- Highest volume days correlate with major price movements
- Notable 98.11K volume on February 9 during breakout
- 👉 Learn Bitcoin trading strategies for volatile markets
FAQ: Bitcoin Historical Data
Q: How reliable is Bitcoin's historical price data?
A: Extremely reliable - all data comes from aggregated exchange feeds with millisecond timestamps.
Q: What causes Bitcoin's price volatility?
A: Factors include regulatory news, institutional adoption, macroeconomic trends, and technological developments.
Q: Where can I track live Bitcoin prices?
A: Reputable exchanges like OKX provide real-time charting tools with historical context.
Q: How does Bitcoin's historical performance compare to stocks?
A: BTC has shown higher volatility but stronger long-term returns than traditional assets.
Key Takeaways
- Bitcoin maintains strong long-term upward trajectory despite short-term volatility
- February 2024 showed recovery from January lows
- Trading volume spikes indicate growing institutional interest
- Historical data helps identify cyclical patterns and support/resistance levels
For continued monitoring of Bitcoin's market evolution, refer to professional trading platforms with advanced charting capabilities.