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Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’
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The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022.
Many analysts supported calls for a $100,000 (BTC) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to be tackled before Q2 of 2022.
Here’s a look at some of the Bitcoin price predictions analysts are expecting in 2022.
Analysts has been more reticent in providing off the cuff Bitcoin predictions ever since PlanB's stock-to-flow model incorrectly predicted a $98,000 BTC price by the end of November, even though the model had been spot on from August through October.
While some traders are now questioning the validity of the
Read more on cointelegraph.comAbout this in other media
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Finance Redefined: Terra expanding UST and LUNA, and Aave Arc seeks institutional adoption, Dec. 31–Jan. 7 cointelegraph.com /2 years ago
Bitcoin fills $42K December price wick as analyst says 'party just getting started' cointelegraph.com /2 years ago
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