2022 BTC Price Prediction -- Mark it!
Hello all! There's no need forget panic selling (unless for year-end tax purposes) particularly for medium to long term investors.
A little squished but basically BTC 10y on the monthly. The drops in '14 & '18 were 80%. Then in '20 & may '21 was 50%.. 50 is 2/3 of 80.. 35 is 2/3 of 50 which is where we are now (70k ATH to 45k). I think we're seeing a volatility normalization as adoption & liquidity broaden. In the early days it took less money to swing a market price, that's no longer the case.
The crash to growth time frame has also halved .. 2014-18... 2019-21. And technological failures are not likely to repeat as in the past. Therefore this opens the door for the 85k and 100k range in mid and late 2022. Pullbacks will occur at these levels but value should continue to rise.
A little squished but basically BTC 10y on the monthly. The drops in '14 & '18 were 80%. Then in '20 & may '21 was 50%.. 50 is 2/3 of 80.. 35 is 2/3 of 50 which is where we are now (70k ATH to 45k). I think we're seeing a volatility normalization as adoption & liquidity broaden. In the early days it took less money to swing a market price, that's no longer the case.
The crash to growth time frame has also halved .. 2014-18... 2019-21. And technological failures are not likely to repeat as in the past. Therefore this opens the door for the 85k and 100k range in mid and late 2022. Pullbacks will occur at these levels but value should continue to rise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.