She said "as retail investors begin to realize the dangers of trading bitcoin, especially on unregulated venues, they will switch to. However, it should be emphasized that Bitcoin markets are highly volatile, and these predictions do not act as guarantees for future market trade.Īccording to Carol Alexander, a professor of finance at Sussex University, Bitcoin is no more than a "toy" investment, since it "has no fundamental value." She said history is set to repeat itself, citing the Bitcoin trade in 2018 when it dropped close to $3,000 after reaching a $20,000 high.Īlexander also pointed out that coins like Ethereum, Solana, Polkadot and Cardano might eventually replace Bitcoin in 2022. These markets show a clear decline of over 20 percent from recent highs. But at the time or writing, BTC is trading at $48,280.9 with a 0.82 percent downward growth in the last 24 hours, per CoinDesk. Bitcoin Price Prediction 2022: BTC Crash in Bearish Marketįor reference, Bitcoin surged to $69,000 in value last November. Experts explained two different reasons for Bitcoin's potential crash.
This urged CNBC to consult analysts for their Bitcoin price prediction for 2022. A new set of regulatory rules might be implemented soon, which could drag the whole market trade down for a certain duration. Unfortunately, these activities also caught the attention of regulatory officers.
One of them even argued that Bitcoin value could go as low as $10,000.Ĭryptocurrencies achieved many amazing feats this year. However, despite this success, experts believe that a price crash is inevitable in 2022. Bitcoin price rose by nearly 70 percent, and the entire crypto market gained a combined approximate of $2 trillion in value. Several analysts say this 2021 was the year of cryptocurrencies.
0 kommentar(er)
