What does the cryptocurrency market have to offer in 2022?

The entire crypto market has made great strides towards mass adoption in 2021. As the year draws to a close, analysts are setting their price targets for 2022. Analysts have supported a $ 100,000 price point for Bitcoin before the end of 2021, and while that seems unlikely, most investors expect to hit that critical level before the second quarter of 2022.

Here are some Bitcoin price predictions that analysts expect in 2022.

Bitcoin is still well on its way to breaking the $ 100,000 mark

Analysts have become more cautious about Bitcoin forecasts as PlanB’s stock-to-flow model incorrectly predicted a price of $ 98,000 in late November, even though the model worked reasonably well from August through October.

While some traders are now questioning the validity of the stock-to-flow model, analyst DecodeJar is still insisting that BTC crosses the $ 100,000 mark in the next few months and could even climb as high as possible by the end of 2022.

https://twitter.com/decodejar/status/1470013095862890500?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
“Bitcoin Top Slip Scale Pattern.

1 / attention / expectations soon:

Halving up: June 7, 2022.

2,618 Extension in wave 5: $ 190,233.

2 / Very optimistic / Expected slower time:

From bottom to top on the same scale: 12/19/2022.

3,618 Extension in wave 5: $ 251,971 ”.

According to the tweet above, DecodeJar predicts Bitcoin will be released on Jan.

In a follow-up tweet, DecodeJar noted:

“Future price and time forecasts are only a guide, but combining this range with other indicators as we get near this point could allow a breakout near the top. More conservative endpoint for the ~ $ 190,000 range. ”

Regulations will be issued in 2022

David Lifchitz, Managing Partner and Chief Investment Officer at ExoAlpha, gives an insight into the future of the entire ecosystem and emphasizes that “cryptocurrency will be around 2022” in the context of “… the government does not prohibit it”.

Instead, he suggested: “You want to regulate crypto in order to maintain a strong link between crypto and fiat and also treat them as an additional taxable source of income for the treasury.”

https://twitter.com/IMFNews/status/1468957443099009032?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
“The world needs standards to address the risks of cryptocurrencies, and the FSB (Financial Council of South Africa) should develop a global regulatory framework to help.”

As the DeFi ecosystem continues to develop new functionality, Lifchitz predicts that banks and insurers will be forced to adapt their business models to stay competitive while “midsize businesses are exposed to many risks, even more from being laid off by DeFi.” ”

Turning to the hectic NFT space, Lifchitz expressed reservations about the industry’s ability to continue its lightning-fast growth and pointed out some of the deeper concerns of regulators.

“It got so hot that it was impossible not to wonder if it was being used to launder money? I know a lot of money is pouring in thanks to the central banks who have found a “home” for them, but NFT in 2021 reminds me of the Dot.com era in mid-1998, there is still room for a price boom, parabolic and then bankrupt ”.

Regarding the hype surrounding the nascent Metaverse, Lifchitz said that while it may seem like we’re headed for a future similar to scenes from the movie Ready Player One, “where people for the world’s sake go into the virtual world flee “. . “Their reality is terrible”, our world is good for “many more years”.

Continue to apply the mass

Despite the short-term signs of weakness, Loukas Lagoudis, operator of the crypto and digital asset hedge fund ARK36, is “convinced that the general upward trend in the crypto market will continue into 2022”.

Lagoudis suggests that “the continued adoption of digital assets by institutional investors and increased integration with existing financial systems will be a major driver of the growth of the crypto space in the coming year.” “As institutions begin,” digital assets in reserve “Preferable asset more than gold” throughout 2021.

“With digital assets consistently outperforming traditional asset classes, we also expect investors to consider allocating funds to them as part of their risk management strategy – especially in an increasingly inflationary economic environment and falling bond yields.”

According to Jean-Marc Bonnefous, Head of Wealth Management at Tellurian ExoAlpha, “the trend seems to be towards more performance-oriented, decentralized application development and slightly more centralized blockchains”.

Bonnefous Saithis points to a significant change from the previous trend which was more focused on “security-oriented store of value and now more decentralized projects like BTC and even ETH”.

“Basically, the market seems to be geared more towards business agility and cost efficiency than pure blockchain, a big shift compared to previous years. This type of value-first trading is expected to continue over the next year. ”

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