Big Bitcoin price prediction for the first half of 2022 came from the analyst. A widely followed crypto analyst predicts that the price of Bitcoin (BTC) will skyrocket in the first half of this year. In a new video, the InvestAnswers host told 388,000 YouTube subscribers that Bitcoin is overdue for a major rally that should happen between March and June 2022. Detail cryptocoin.com‘in.
Bitcoin rally prediction
The analyst, who predicts a big BTC rally in the first half of 2022, begins his explanations on this subject as follows:
During this bull run, I always said that we would reach $98,000 Bitcoin, [ama] I didn’t know it would be this late. Between the Chinese ban and 11 weeks of recession, then a dreadful September. December [ayrıca] it’s been a bit of a mess. Somehow, [Aralık] We’ve been playing magnet ball with $47,000 since the beginning. We’re still at exactly $47,073. Now I believe we’re going to hit that $98,000… When I look at things like adoption, on-chain metrics, the big money comes in Q1. And doubling is nothing for Bitcoin… this is what I see: sometime at the end of March or June…
Later, the server predicts that more investors will start to follow the standard set by MicroStrategy CEO Michael Saylor and buy and hold BTC in large quantities. The analyst says:
MicroStrategy exceeds its goal of owning 1% of the entire BTC supply at 15,000 [BTC] away. More investors will follow. They are crawling. We haven’t heard from them yet, but many more will follow in 2022, especially with this price stability. It’s not nearly as volatile as it used to be.
BTC is changing hands at $47,741 at the time of writing, which is down 15.5 percent from a 30-day high of $56,522.
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