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The Handelot Times
Markets

Bitcoin value 2021-2022 a forecast

Bitcoins are back above $ 50,000 for the first time in three months (August 2021).

The Handelot Times Issue 27, October 2021 7 min read

Bitcoins are back above $ 50,000 for the first time in three months (August 2021).

The most popular cryptocurrency marks an increase of 3.47% on Asian markets around 13:00 local time, to 50,316.87 dollars, to its highest levels since mid-May, when the downward trend for a series of problems including China’s crackdown on cryptocurrencies and Tesla boss Elon Musk’s decision to stop accepting it for electric car purchases over fears of the environmental impact of digital currency “mining” production.

Leaving aside the sensationalisms and recent news, however, what could be a lasting and calculable trend of bitcoins, especially in anticipation of important global issues such as the imminent (already reality?) inflation?

What are the Bitcoin predictions?

When it comes to estimates on the price of BTC, but the speech always applies to all cryptocurrencies, the conditional is always a must given that crypto-assets are very volatile and therefore sudden changes in the direction of the prices can always be possible. Having said that, we can talk about Bitcoin 20212022 forecasts. The starting point for addressing this topic is represented by the trend of the Bitcoin price in real time. In April 2021, Bitcoin reached $ 63,000, a new historical record. Subsequently there was a rebound, we could say physiological, which brought Bitcoin back to touching $ 30,000.

The rest of this article is in the magazine Continue in issue 27

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