As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.
Right now I've seen a lot of people predicting the price of Bitcoin will reach 100k or more, it's very realistic I think by looking at the current development of Bitcoin which continues to show a positive price trend which has reached its peak price twice this year, there is no too much price correction. in that it is very possible if this continues to happen it won't be long before we will see new ATH for Bitcoin that will reach 100k or more. I am very sure of that.
There is no wrong predicting the price of bitcoin even to Hit a Million dollars because this is indeed to happen but what is exaggerating is that giving specific time meaning they wanted to push the price towards 2021 reaching that high when the market itself showing it very difficult to happen.
I think better to expect at least 70k to 75k till this december ends though it is clearly that we are only 2 weeks to go and the situation will show what is the highest price.
Remember to never expect too much in cryptocurrency investing or else you will become a bitter person because of failure .