Bitcoin Price Prediction 2022 – When Will BTC Pump to $1 Million?
During the European session, Bitcoin traded choppy in a narrow range of $19,400 to $19,000, and this range remains intact. The bear market has lasted for quite some time and shows no signs of ending.
Bitcoin is the most valuable cryptocurrency, and its price moves have a noticeable impact on the market regardless of whether it is trending up or down. Although Bitcoin is trading bearish, the $19,000 support level keeps losses limited.
Since 1955, the yearly Guinness World Records (GWR) reference book has documented the greatest natural and human-made achievements and events around the globe. This year, GWR expanded its yearly records to include Bitcoin, the first and most valuable cryptocurrency network.
Bitcoin, Satoshi Nakamoto's cryptocurrency and blockchain network, has been widely praised and recognized by both online and offline media outlets.
For example, the word "bitcoin" first appeared in Scrabble in 2018, and the following year it was admitted to the Merriam-Webster Unabridged Dictionary. Because of bitcoin's status as the "first decentralized cryptocurrency," Guinness World Records (GWR) recognized it this year.
Peter Schiff, an outspoken critic of Bitcoin and the cryptocurrency market as a whole, now believes that recent developments portend yet another precipitous drop in Bitcoin's value.
Schiff tweeted at Bitcoin holders, saying the cryptocurrency had not participated in the current market gain and was only slightly above $19K at the time of writing.
Furthermore, Schiff speculates that Bitcoin could be the catalyst for the next market decline. The Nasdaq, S&P 500, and other major stock indices all saw advances for a second consecutive day.
However, the price of cryptocurrencies acted as a counterweight to the
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