$1,000 invested in Bitcoin a week ago is now worth this much

After a steep decline through most of the first half (H1) of 2026 and relative stagnation since June, Bitcoin (BTC) – and much of the overall cryptocurrency market – suddenly shot up last week from roughly $64,330 to $74,440.

Notably, investors received an early warning that a strong upward move is imminent as, starting in early August, multiple institutional experts and analysts active on X began speculating that the ‘bottom’ might have arrived and that the new bull market is coming.

Ultimately, the optimistic assessments proved correct, and Bitcoin is up 23.23% on the weekly chart. Thus, those who listened to the analysts and invested $1,000 into BTC just one week ago would already have made a $232.30 profit and seen their new position rise to $1,232.30.

Has the next Bitcoin bull market already started?

Looking ahead, there is evidence that the most recent rally will not remain isolated and will turn into a protracted uptrend in the cryptocurrency market. 

Specifically, the surge is reminiscent of Bitcoin’s 30% weekly gain that heralded the end of the protracted 2019 bear market, as well as of the sentiment reversal amidst the FTX collapse, in which BTC led the charge by advancing nearly 25% in just seven days.