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What if you bought Bitcoin on January 1, 2023?

Recovery Begins

Bitcoin was trading at $16,565 on January 1, 2023. Here's what different investments would be worth today at $66,926.

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You invested

$100.00

on 2023-01-01

BTC price then

$16,565

0.006037 BTC bought

Value today

$404.03

BTC at $66,926

Profit

+$304.03

+304.0%

You invested

$500.00

on 2023-01-01

BTC price then

$16,565

0.030185 BTC bought

Value today

$2,020

BTC at $66,926

Profit

+$1,520

+304.0%

You invested

$1,000

on 2023-01-01

BTC price then

$16,565

0.060370 BTC bought

Value today

$4,040

BTC at $66,926

Profit

+$3,040

+304.0%

You invested

$5,000

on 2023-01-01

BTC price then

$16,565

0.301849 BTC bought

Value today

$20,202

BTC at $66,926

Profit

+$15,202

+304.0%

You invested

$10,000

on 2023-01-01

BTC price then

$16,565

0.603698 BTC bought

Value today

$40,403

BTC at $66,926

Profit

+$30,403

+304.0%

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Bitcoin on January 1, 2023: Recovery Begins

January 1, 2023 marked the start of Bitcoin's recovery from the depths of the 2022 bear market. At $16,564, BTC was down 76% from its all-time high. Yet the worst was priced in — FTX contagion had run its course, inflation was peaking, and the next halving was 16 months away. Bitcoin would more than double by year's end, reaching $42,000 by December 2023.

On January 1, 2023, one Bitcoin cost $16,565. A $1,000 investment would have purchased 0.060370BTC. At today's price of $66,926, that holding would be worth $4,040 — a +304.0%return. This calculation does not account for transaction fees, taxes, or the emotional difficulty of holding through Bitcoin's famous volatility. Past performance does not guarantee future results.

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