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.
I really like your way of thinking. I also believe that very high inflation will cause many people to escape to alternative currency with their capital, and in this case cryptocurrencies are perfect solution for them. I believe the price of $100k in 2022 is certain.
Exactly. This high inflation will definitely continue for long and is now hard to controlled particularly for big countries with big population and bitcoin is definitely a good option to combat inflation. Wit this, if people will be able to realize the value of bitcoin towards high inflation with fiat, then using bitcoin instead of fiat will be very possible. And as expected, if bitcoin receives massive adoption, its value will continue to grow too which will make $100k or $150k to be very possible by next year.
Bitcoin is not only a solution for very high inflation, but Bitcoin can also be a fairly effective source of income in a pandemic situation like now.
Moreover, seeing Bitcoin's performance this year is extraordinary, for people who managed to sell Bitcoin at peak prices, now is a great opportunity
to buy back Bitcoin. Because the price of Bitcoin is now falling quite deep, if we have learned about Bitcoin properly, then we will understand that
the price decline that occurs in Bitcoin usually does not last long. So don't hesitate to buy Bitcoin when the price drops like now, the current Bitcoin
price drop is even a good sign. Because usually if Bitcoin goes down, then the next Bitcoin price increase will definitely be higher. This means that
the opportunity for Bitcoin to reach a price of $150k in 2022 is very large.