While monitoring Bitcoin trends for a couple of months it is revealed that even after it goes through an intense bearish phase, BTC is slowly and consistently increasing in value. This crypto underwent a rollercoaster of volatility since its bullish price rally in the past year. Even with its massive ups and downs, Bitcoin still remains at the forefront of the cryptocurrency world and its value remains to be a dominant asset in the digital asset landscape. A lot of investors are questioning crypto experts if they should invest in Bitcoin and other cryptocurrencies at the moment, but it is quite difficult to speculate the present condition of Bitcoin or any other cryptocurrency for that matter since the prices could increase in the near term while offering a good momentum or can even result in a drastic fall leading to millions of dollar of losses. Previously, there have been a number of bold Bitcoin predictions, some of which were quite noteworthy and prominent. Let\’s talk about Bitcoin predictions most likely to become true in 2022
An increase in False Bitcoin Influencers
The crypto industry has a lot of people ready to scam individuals for their hard-earned money. A similar situation will occur if bitcoin rises exceptionally in 2022. Besides, following real-life bitcoin predictions from influencers may not be the best or safest option. While their opinions and statements may eventually prove right, they do not necessarily help in the long run.
Popular Demands for Stricter Bitcoin Regulations
Investors and market analysts believe that the growing popularity of cryptocurrency in 2022 will result in an increase in Bitcoin Predictions regulations. The presence of notorious Bitcoin brokers also makes it very difficult for investors and traders to protect their money. So, there is certainly an increasing demand, which is likely to increase further among government organizations, to continue to expand regulatory measures for BTC.
It May Result in Loss of Global Crypto Market Share
The crypto market has many other cryptocurrencies apart from Bitcoin Predictions that have proven to be even more profitable than BTC. In the last couple of years, BTC has expanded its territory and made up almost 70% of the total market capitalization in early 2021. The crypto bot predicts that it will rise to distinct digital currencies, including NFTs, and metaverse cryptocurrencies, BTC will soon lose prominence in the market.
Bitcoin Might Cross the US$100,000 Mark
After Bitcoin’s ongoing trends, this might seem like a quick possibility, but analysts as well have predicted that if Bitcoin actually breaks its past record, then there are massive chances of the crypto hitting the US$100,000 mark very soon.
The Rise of Spot Bitcoin ETF
Crypto investors are on the lookout for massive developments in the spot ETF domain in the US. At the moment, futures ETF is one of the most attractive for investors so there might be developments in the spot Bitcoin exchange-traded funds.
The Supply Cap of Bitcoin to Remain at 21 million BTC
In 2022, Bitcoin’s supply cap is assured to remain at 21 million Bitcoins and investors can expect this figure to remain static all year. With regulatory measures still in the dark, users of the BTC network can expect blocks to be minded every 10 minutes.
Bitcoin will Promote Financial Inclusivity Among the Marginalized Sections of the Society in 2022
Investors should expect billions in value to be transferred on the Bitcoin Predictions network almost every day. The usage of the asset will increase exceptionally to promote financial inclusivity amongst the unbanked and persecuted. After the increase of its usefulness, hash rates are expected to go up with more miners securing the network.
Bitcoin will Definitly Follow the Proof-of-Work Consensus Mechanism
Trading bots have predicted that Bitcoin will keep following the proof-of-work consensus mechanism in 2022 despite the increasing popularity of proof-of-stake that skyrocketed the popularity of Ethereum. The Bitcoin Lightning Network will also witness a massive adoption among several other networks.
Global Banks to Launch Bitcoin-related Services
The relationship between decentralized coins and centralized institutions is not the best. But centralized banks want to utilize the great number of opportunities provided by cryptocurrencies. Currently, major banks are undertaking projects that reflect on the decentralized nature of cryptocurrencies and are initiating such programs according to customers’ needs.
Bitcoin Prices Will Face fickle but will Keep Rising
At the beginning of 2022, The Bitcoin Predictions may not have shown its true potential, but that does not mean that it will lose its prominence so easily. The past couple of weeks witnessed an amazing growth that demonstrated that Bitcoin will continue to rise despite its volatility.
Check out our other article about Ethereum Classics.