The Bitcoin price has been moving sideways for a few days. Recently a surge in resistance at $ 52,000 was dismissed. Furthermore, the course is in a correction. However, 2022 could be an extremely successful year for Bitcoin. Let's talk about 3 good reasons why the BTC price could rise massively in the coming year.

So far, the Bitcoin price has moved in 4-year cycles. These cycles are based on the Bitcoin Halving Events. The last two cycles each ended with large parabolic rallies at the end of the year. This was the case in 2013 and 2017.

The big year-end rally did not take place in 2021. This fact caused some investors to doubt the repetition of the historical price trend. However, there is little evidence that we are now in a bear market. Instead, it is more likely that the current cycle has lengthened. In 2017, too, the big rally at the end of the bull market was later than 2013.

As early as the first quarter of 2022, it is likely that the Bitcoin price will rise again massively and possibly even exceed $ 100,000. The next few weeks will bring clarity to this.

By now, most people should be aware that inflation is getting higher and higher in Europe and the USA. This is a homemade problem as the respective central banks have been lowering key interest rates for years and printing more and more paper money. As a result, the currencies Euro and the US dollar continue to devalue.

In 2021, many large companies have already invested more and more in Bitcoin, which has helped the Bitcoin course. There has been massive accumulation. In 2022, inflation could lead to more and more small businesses and retail investors pouring their money into crypto assets. This increases the likelihood of the massive price rally mentioned.

The financial and economic markets should recover very well in 2022. After the crisis year 2020, the global economy appeared to be recovering more strongly in 2021. The forecasts for 2022 are excellent for the stock markets. That should also benefit the Bitcoin course.

In 2021, the first Bitcoin ETFs went to the American stock exchanges. More and more Bitcoin financial products are coming to the financial markets. Therefore, good financial market forecasts should also massively benefit the Bitcoin price.

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The cryptocurrency market saw a huge decline in prices recently. Bitcoin prices fell by more than 15% in the past 2 weeks. The overall cryptocurrency market saw a similar drop in its market cap. This is expected as Bitcoin still has a significant dominance of around 40%. Today, BTC prices are consolidating between two psychological prices. This trend attracts day traders and lures investors into day trading instead of hodling. Is Bitcoin Price really consolidating? Should you really enter a day-trading mode? In this article, we'll analyze what happened to Bitcoin prices so far, and try to assess whether this current trend will extend.

After reaching an all-time high price of around USD 69,000, BTC prices retraced back to the mid-50K area. Many fundamental factors contributed to this decline. From a technical perspective, on the other hand, it looks like Bitcoin price simply retraced back to the average uptrend. Looking at the daily chart of BTC, we can clearly see the uptrend in prices. Smart investors wouldn't want prices to balloon without any sign of breathers.

Looking at the 2-hours chart of BTC, we can spot a short-term consolidation. This is where day-traders can enter long-short positions depending on the upper and lower delimitations. Day traders can do the following:

• Buy around the 55K area
• Sell around the 60K area

The current price of Bitcoin is around USD 56,300 and around the Buy area.

On the other hand, this "consolidation" did not extend for a while and is still relatively new (more precisely, since 1 week). So traders should anticipate heavy volatility as prices pick up. Adequate risk management such as setting a stop-loss zone is very important, especially as BTC prices can still adjust lower towards the 50K price as seen in figure 1.

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Rudy Fares

After several green days, the cryptocurrency market suffers its first red day. Most cryptos lost in value after a price hike that lasted around 1 week. Today, Bitcoin prices suffered a loss of around 6%, bringing the entire market by that same percentage downwards. Investors who entered the market are seeing red portfolios. Will a Bitcoin down market extend and turn investors into day traders? Let's assess what happened with Bitcoin prices and look at the technicals.

Looking at how Bitcoin prices increased in the last 4 months, we can't but acknowledge any price adjustment that happens. In fact, everything that goes up must go down eventually. This is especially true in cryptocurrency trading and investing. There are lots of trading bots today that engage in crypto trading. Most of them take advantage of high prices and short positions towards strong support areas.

In Bitcoin's case, it is no secret that the 60K price level is a strong support. It also represents a psychological price area, signaling a new level for traders and investors.

Or at least, not yet! Zooming out and looking at the daily chart, newbies will definitely stop panicking. Bitcoin prices have been going on an uptrend ever since mid-July 2021. This happened with barely any major price adjustment. On the other hand, small profit-taking happened in between, allowing Bitcoin prices to "breath" and deflate. This is important to happen, as they may lead to market bubbles, just like what happened back in 2017-2018.

Bitcoin can still retrace and still be considered on an uptrend. If prices were to fall below the 60K mark, the next area would be between 50K and 53K.

In the past 24 hours, all cryptocurrencies are down by an average of 6%. The only gainers are SAND, WAXP, and MANA that gained 12%, 7%, and 2% respectively.

1- Bitcoin (BTC) : - 6.69 %

2- Ether (ETH) : - 7.61 %

3- Binance Coin (BNB): - 8.84 %

4- Tether (USDT) : 0 %

5- Solana (SOL) : – 6.37 % 

6- Cardano (ADA) : - 6.81 % 

7- Ripple (XRP) : - 7.85 %

8- Polkadot (DOT): – 9.61 %

9- USD Coin (USDC) : + 0 %

10- Dogecoin (DOGE) : - 8.18 %

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Rudy Fares

The day is finally here! Bitcoin managed to finally breach its all-time high price of USD 64,400. This led the entire cryptocurrency market to rally and push upwards. Volumes across exchanges are smashing high while investors who sat on the fence are jumping in again. Now that the ATH price is crossed, where will Bitcoin price reach? Will Bitcoin price reach 100k next?

Recently, the cryptocurrency market was consolidating while Bitcoin started to show a fast recovery in prices. News surfaced about the ETF approval, the fact that made investors more confident towards crypto adoption. Usually, one of the biggest fears that crypto investors have is the legitimacy of such cryptocurrencies. Now that the ETF news is confirmed, this big door opened to traditional investors to come in.

The market is showing a big positive attitude towards those events, and investors who were sitting on the sidelines are jumping back into the crypto game.

Now that momentum is back on track, and that Bitcoin crossed its all-time high price, it is very likely that prices will continue towards 100K. This is no surprise as the important milestones for BTC are the following:

• 10K
• 20K
• 40K
• 50K
• 66K (previous all-time high)
• 100K

Naturally, since we crossed the 66K, the next milestone where prices are likely headed towards would be the 100K. In fact, many analysts already predicted this price to be reached many years ago. Today marks yet an important milestone reached, and hopefully, another one accomplished.

If Bitcoin were to reach 100k today, this would mean an easy continuation of the uptrend within the next weeks. Fundamental news should also come in tandem with those elements.

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Rudy Fares