InvestAnswers Details Big Bitcoin Price Prediction for First Half of 2022 – Here’s the Target

A broadly adopted crypto analyst is predicting that the price of Bitcoin (BTC) will skyrocket throughout the first half of this 12 months.

In a brand new video, the host of InvestAnswers tells his YouTube 388,000 subscribers that Bitcoin is lengthy overdue for a large rally that ought to occur someday between March and June of 2022.

“I all the time mentioned we’d hit $98,000 Bitcoin throughout this bull run, [but] I didn’t understand it could be so delayed. Between the China ban and the doldrums for 11 weeks, then a horrible September. December has [also] variety of been sucky.

Somehow, we simply are taking part in magnet ball with $47,000 since the starting of [December]. We’re nonetheless precisely at $47,073, you may’t make this up.

Now I do consider we’ll hit that $98,000… When I take a look at issues like adoption, on-chain metrics, the massive cash is coming in Q1, the solely approach is up. And to double is nothing for Bitcoin…

I’m simply going to place a line in the sand and that’s what I see: someday by the finish of March or June.”

The host then predicts that extra treasuries will start to observe the customary set by MicroStrategy CEO Michael Saylor and begin shopping for and holding BTC in massive portions.

“[MicroStrategy] is 15,000 [BTC] away from that target, of having 1% of all BTC supply. More treasuries will follow. They’re creeping in. We haven’t heard about them yet, but a lot more will follow in 2022, especially with this price stability. It’s almost not as volatile as it used to be.”

BTC is exchanging fingers at $47,741 at time of writing, a 15.5% lower from its 30-day excessive of $56,522.


Check Price Action

Don’t Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl usually are not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses you might incur are your duty. The Daily Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Daily Hodl an funding advisor. Please notice that The Daily Hodl participates in internet affiliate marketing.

Featured Image: Shutterstock/solarseven/Sensvector

Related posts

Bitcoin (BTC) Flashing Mixed Metrics As Its Price Stays Stagnant: Santiment

Crypto Advisor

As Bitcoin Dips, Seasoned Trader Tone Vays Says BTC Just Flashed Mega Bullish Signal

Crypto Advisor

Interest Rate Hike Not Necessarily Doom and Gloom for Bitcoin (BTC), Says Analyst Benjamin Cowen – Here’s Why

Crypto Advisor

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More