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Will Bitcoin Hit 200k by 2022?

Will Bitcoin Hit 200k by 2022?

By Sylvain Saurel

Throughout 2021, the narrative was that the price of Bitcoin would reach $100K by the end of the year.

Once Bitcoin hit $69K in November 2021, everyone was confident that this would happen.

And then, the price of Bitcoin entered a correction phase that can now be called a crash since it is -50% since the ATH as I write this.

This should teach you that it is useless to make predictions with Bitcoin because you will end up being disappointed and this will distract you from the true value of Bitcoin.

What Bitcoin brings to the table is unique, and it will take time for its revolution to come to fruition. So you must seek to understand its why.

When you do, you will understand that if you are afraid to buy Bitcoin at $40K or $35K, you will also be afraid to buy it at $10K. There is no need to wonder if Bitcoin will reach $200K in 2022.

If you want to take action, do it out of conviction in the Bitcoin revolution. That way, you’ll be able to take full advantage of it and withstand even larger declines that may occur in the near term.

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Original Source: https://www.quora.com/Will-Bitcoin-hit-200k-by-2022/answer/Sylvain-Saurel?ch=15&oid=333964298&share=a2366a2e&srid=ppASz&target_type=answer