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.
Those people are saying that it is the next goal, not the next price point we will stop very soon. I am one of those people and I keep saying that there is a good reason why bitcoin could reach 100k in the future, I can't tell you when that will happen but I can tell you that there is a good chance it may happen in the near future.
This is what I am guessing, we will have some ups to above 60k+ once again, a bit of correction because of all the accumulation happened these days that will want to get out, a bit more increase above 65k+ after that, and that's when we will decide what will happen. Will it be 70k+ or will it be failing to pass that again? That is the short term, until spring or summer, after that it is all a mystery to me, even though I believe that it will reach to 100k, I just do not think that it will happen in the next 3 months, could it happen in 2022? Maybe, just maybe.