What is the potential return on a $1,000 Bitcoin investment?

When examining the return on investment for a $1,000 investment made in Bitcoin, the original cryptocurrency has generally demonstrated its potential for growth.

From its launch price of $16,619 in January 2023 to its current price of over $43,000, the top cryptocurrency has seen an incredible 162% increase in value.

In January of the previous year, investors who saw the possible bullish trend and invested $1,000 in Bitcoin would have seen a big return on their investment, turning a modest $1,000 into a huge $2,620.

In fact, Bitcoin had a positive start to 2024, rising above $45,000 on January 2 for the first time since April 2022. In particular, last year saw a 156% increase in Bitcoin, reaching a 21-month high of $45,922, which represents its strongest annual performance since 2020. #BitcoinPrice2024 #BTC $BTC #investors