Bitcoin has been the world's most popular cryptocurrency many years now.And,while crypto has been incredible hikes in the past.2022 was an undoubtedly disastrous years for this asset,which faced an overall price drop of over 60%. So why did bitcoin price fall drastically throughout 2022?
So many stuff happened during 2022 and until the end of this year that made the price is falling really hard. For example TerraUSD collapse and other bad events happened this year, the price is still pretty good compared to 2019 but still compared to its ATH at Nov 2021, things are not going really great for Bitcoin and many investors are panic selling which makes the situation even worse.
It's has been rough year for crypto and Bitcoin has often been at the forefront of the battering. Will things improve in 2023??
It's unpredictable and no one really knows what would happened in 2023 or even 2024 when halving occurs.