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.
What is the extent of bitcoin's influence on the world?
predictions of achieving the highest price for bitcoin began to be made in 2020, as I remember at that time many experts said bitcoin would reach a price of $ 60K, it is true that the prediction, now bitcoin continues to move at the highest price, the problem now is the correction in 2021 has not yet fully recovered, thus forcing bitcoin to be on a red path, although some people say this is a new ATH achievement scenario going forward.