Friday, July 1

Bitcoin to $ 100,000 in 2022? By CoinTelegraph

© Reuters. Bitcoin to $ 100,000 in 2022?

Round numbers contain a huge psychological load. “$ 100K” sounds great in your ear. Certain. The goal was not met by the end of this year. But that does not mean that it will never be fulfilled. Obviously it is just a delay. It has been 21 months since that March 2020. Since then, the growth has been explosive. Of course, this has been a fairly exceptional bull cycle. We can’t really complain. We have grown a lot in a very short time. However, we still want more. To $ 100,000 in 2022?

We grew 75% in 2021. To reach the goal of $ 100,000 per unit in 2022 we must grow just over 100%. That means that 2022 must be better than 2021. We must remember that 2021 was not as good as 2020. And this has an answer: The Federal Reserve of the United States. Like it or not, the Reserve has the upper hand right now. In other words, monetary policy is governed by the markets. As simple as that. It is the gasoline of the economy.

Read on: Nixon Shock, Inflation, and Bitcoin: What’s the Problem with the Economy?

Read the full article on Cointelegraph

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