empty
 
 
09.02.2022 05:04 PM
Bloomberg: BTC uptrend possible throughout 2022

This image is no longer relevant

Bitcoin could potentially rise up throughout 2022, supported by significant demand and supply, possible inflation and an influx of new investors, last week's report by Bloomberg said.

According to the report, BTC's adoption worldwide could occur faster than expected. The adoption of Bitcoin could likely be unstoppable. This would push the cryptocurrency to new highs.

Bitcoin's adoption and the limited supply of BTC (18.9 million coins in circulation) are crucial bullish factors for the cryptocurrency. For investors, BTC could become a perfect hedge against soaring inflation, which threatens to sink the economies of many countries.

Being a number 1 hedge asset, demand for Bitcoin is likely to be extremely high. According to Bloomberg, the next key threshold for bitcoin in 2022 may be $100,000. Earlier, BTC surpassed $45,000. The cryptocurrency is likely to stand above other assets.

The threat of war between Russia and Ukraine, the upcoming US midterm elections and rising inflation could probably give support to Bitcoin and reflect its position as the main digital asset.

Furthermore, the US is highly unlikely to ban the crypto market, preferring to regulate it via the Federal Reserve and the Securities and Exchange Commission instead.

According to Bloomberg, the BTC could reach $100,000 in the third or fourth quarter. BTC could also be boosted in increased demand for a hedge against inflation, as well as support from crypto bulls such as Michael Saylor, Jack Dorsey, and Cathy Wood.

Summary
Urgency
Analytic
Vitaly Kolesnikov
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $6000 más!
    ¡En Diciembre, sorteamos $6000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback