Can Bitcoin still trade above $100,000 in 2022

Bitcoin topped $68,000 last year, and if you lived through that moment, you’d be left in awe of what the space has become since this time. Even more awesome is the state of things by the time you get to read this article. But that’s if you didn’t jump to the first paragraph to get to the point where I listed reasons why bitcoin will climb to $150,000 in the next 50 days.

Here’s a spoiler, that part doesn’t exist. You could still find a few hopium laying around the corners of crypto Twitter. The crypto space is adding to the relevance of Elon Musk’s new playground.
At least, he could have some money to run the ship before the verified users start paying up their $8. Well, this is unrelated but the rocket man recently checked into a Twitter space just to say ‘Doge to the moon’!

Even if you don’t love Twitter, you’ll love Mr. Musk. An absolute gentleman! Don’t read that twice.

Away from Twitter and away from the charts, cryptocurrency has taken a bad hit this year, the worse it ever did. Trashed reputation, air-proofed strength. It once looked like a very strong space. If we’re considering percentage losses, it’s still doing better than the 2017 crash, but that’s not a story to tell to anyone who bought the top. Heard Nayib Bukele’s bitcoins were stored on FTX. That turned out to be a joke, but what a story it would have been.

Tesla did test bitcoin’s liquidity and couldn’t move the market with billions of dollars in bitcoin sold. That used to be impressive, guess not anymore, we could drop to zero if anyone tries something similar right now.

Posted Using LeoFinance ^Beta