Some crypto investors predict that the first spot Bitcoin exchange-traded fund (ETF) in the United States could be approved this year, giving investors direct exposure to the cryptocurrency itself.
Crypto Prediction #3: The First Spot Bitcoin ETF Could Get Approved CoinTelegraph, BlockFi co-founder Flori Marquez agrees, crediting regulatory clarity and improved understanding of the industry for helping drive greater adoption. Crypto Prediction #2: A Lot More Investors Will Adopt BitcoinĬrypto prediction: According to The Ascent, Ric Edelman, founder of the Digital Assets Council of Financial Professionals, predicts that more than 500 million people worldwide will own Bitcoin by the end of 2022. In short, crypto predictions are all over the place. Others write that Bitcoin won’t reach more than USD $70,000 by the end of 2022. In Analytics Insight, Sanyal says that market analysts predict that Bitcoin could hit USD $100,000 by the end of 2023, and others say it can climb to the mark in the first quarter of 2022. Sayantani Sanyal reported that many factors point to higher Bitcoin prices, namely greater acceptance by businesses in higher demand from Bitcoin ETFs. He thinks it has been decided and is probably priced in. Yuya Hasegawa, a crypto market analyst at Japanese digital asset exchange Bitbank, believes the most significant risk factor is by the Fed. Carol Alexander, a Sussex University professor of finance, expects Bitcoin to plummet to a low of $10,000 in 2022, which would erase most of its gains in the past year and a half. They leaped to a record high of almost $69,000 in November, but they are now below $50,000, down nearly 30 percent from its high. Some interesting crypto predictions to watch out for in 2022 include:Ĭrypto Prediction #1: Heading for a Crypto Crash or an Exciting Climb?Ĭryptocurrency prices could fall further in 2022. Looking at the future of cryptocurrency, if the past is any indication, investors in cryptocurrency are in for an exciting ride. The digital currency has been up nearly 70 percent since the start of 2021, driving the entire crypto market to a combined $2 trillion in value. exchange-traded fund linked to Bitcoin launched in October.Īccording to CNBC, the best-known cryptocurrency, Bitcoin, had a good year. Coinbase debuted in April 2021 (the first major crypto company to go public), and the first U.S. There are as many predictions as there are analysts charting the future of cryptocurrency.Ĭrypto continued its popularity in 2021. Will cryptocurrency soar, plummet, or tease investors along an unpredictable path for the foreseeable future? Will Bitcoin continue its volatility? Will regulation play a more significant role? Which type of cryptocurrency will be the best bet this coming year?
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