Bitcoin (BTC) has now traded above $10,000 for an entire yr, every bit expectations demand $100,000 earlier the cease of 2022.

While hodlers impatiently wait for new best highs, BTC price action is celebrating the first of what is likely many anniversaries.

BTC/USD: One year in 5 figures

On Thursday, BTC/USD officially hitting 365 days trading in five figures.

A year ago, on Sept. 9, 2022, the largest cryptocurrency slowly eased into the $10,000 zone, never to return.

BTC/USD ane-week candle chart (Bitstamp). Source: TradingView

A calendar month later, it was merely $1,000 higher, but fast frontward to the cease of Q4 2022, and the situation was entirely different — Bitcoin traded at $28,000.

The transformation is widely anticipated to echo itself this yr. Equally Cointelegraph reported, even a "worst case scenario" for BTC/USD is $135,000 past January. ane, 2022.

Even legacy finance has come up round to the concept of bullish continuation, notably this month in the form of Standard Chartered, which forecast a cyclical height of $100,000 this yr.

Zooming out, the predictions go even higher. Cathie Woods, founder, CEO and chief investment officer of Ark Invest, believes that Bitcoin volition hav hit $500,000 past 2026.

Hodlers "unfazed"

At the fourth dimension of writing, BTC/USD was hovering at $47,500, having beaten out what some feared would be solid resistance overnight.

Related: Bearish pennant breakdown confirmed? 5 things to watch in Bitcoin this week

With profitable days, as ever, accounting for 99.9% of Bitcoin's lifetime, few bearish voices were aural from within cryptocurrency circles five months after its most recent all-fourth dimension highs.

"Despite a 50%+ sell-off experienced in May, a strong rally from the $29k lows, and now another sharp sell-off this week, HODLers appear unphased," analytics firm Glassnode summarized in its latest weekly newsletter.

As Cointelegraph additionally noted, long-term holders at present account for more of the BTC supply than at any point since before the main part of the balderdash market began in Oct. Exchange reserves, meanwhile, are at their lowest since February 2022.