Post
Topic
Board Speculation
Re: Bitcoin in 2022?
by
cryptomaniac_xxx
on 19/11/2021, 13:17:50 UTC
What are people's thoughts on Mt Gox preparing to release 141,000+ Bitcoin into the ecosystem in 2022?

Will this impact the price in a meaningful way?

Depends on how you look at it, maybe those who will received it might reinvest again, or those who are are going to sell, in any case, if there is an effect in the market, it will be short term in my opinion.

We still have a long way to go, we are not going to enter the last month of 2021. Although there is a huge expectations about a possible 6 digit breakdown, it might take a little bit of time and it might not happen this year. But looking forward to another bullish momentum in 2022, at least in the first quarter.