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From $10K to $28K in 2022


Ophelia

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Bitcoin had a rocky first half of the year, but experts still say it will eventually hit $100,000 — and that it’s more a matter of when, not if.

Despite the volatility and recent slumping price, many experts still say bitcoin is on its way to passing the $100,000 mark, though with varying opinions on exactly when that will happen. And a recent study by Deutsche Bank found that about a quarter of bitcoin investors believe bitcoin prices will be over $110,000 in five years.

The volatility is nothing new, and is a big reason experts say new crypto investors should be extremely cautious when allocating part of their portfolio to cryptocurrency. bitcoin has shown as steady a rise in value over the years as any other cryptocurrency on the market. 

It’s only reasonable for bitcoin investors to be curious about how high it can ultimately go. 
 

 

 

 

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Crypto prices are still recovering from November’s crash. Though bitcoin is faring much than last month, prices remain low.

Previously a rising star of the crypto world, major crypto exchange FTX filed for bankruptcy on Nov. 11. Evidently, that’s had major ramifications on the crypto market. BlockFi, another major crypto exchange and lender, filed for bankruptcy a few weeks ago. Other crypto entities, including major lenders like Genesis Global Trading, are just trying to stay afloat and avoid bankruptcies of their own.
 

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