This year is about to end. On December in 2020, btc was around $18k. That time bull run started and With the start of 2021, btc made itself almost double of its price within 1month. Then again Record Ath on $63k. Suddenly it dumped near $32k on july but again bounce back and makes us surprise with many ATH for the whole year (last one was near $68k on 9th november). So what is your analysis says? Btc will doing good on start of 2022 or bear run could be seen for long term after we enter 2022
Hopefully you guys are right about the possibility of an increase. I would love to believe that 100k is in our future as soon as Q1 of 2022 but by the looks of it people are not currently hyped about it. It is not because of the lower prices that I am worried, prices do drop all the time and it could be recovered that is not a problem, but liquidity and volume is not doing that well and I am guessing that is mainly because people are not really caring about what bitcoin will be doing.
Let's hope that it will do better and we will reach to a much better pace and get higher volume, until we do a much better volume then I doubt that we will be able to get higher in price, it requires a lot of capital to bring us there and without people getting hyped and putting in billions of dollars into bitcoin then we can't reach those levels. Where will that hype come from? Wherever it did before.