The bitcoin price is very volatile and has seen some large fluctuations since its inception in 2011 when you could buy one bitcoin for just a few cents. Since then the bitcoin price has increased each year until it reached its high of $1200 per bitcoin in late 2013. After that, the bitcoin price has declined to $300-$200 per bitcoin where it has stayed for quite some time. Now it would seem that the bitcoin price might be on its way up again. Be sure to stay updated on the bitcoin price by reading our daily bitcoin analysis here.