Get ready for the 2022 Bitcoin bull market.
At the end of 2021, there was shocking news in the currency circle: Multicoin Capital, a cryptocurrency investment firm, recently informed investors that its hedge fund assets have increased by 20287 percent since its inception in October 2017. Moreover, according to sources, the rate of return on its first venture capital fund exceeded 28 times (deducting expenses).
After reading this news, I’m left wondering if everyone outperformed the organization. Is it simply a matter of participation?
Although the 2021 currency price has passed, investors are generally optimistic about the 2022 currency price, believing that it can make a significant impact. Even PlanB, overturned at the end of 2021, tweeted once more: “I use models to shield myself from negative emotions. For example, most people, including myself, are now concerned that the price of Bitcoin will continue to fall and want to sell. However, the S2F model indicates that BTC is at the low end of the 50000–200000 1sd band, indicating a buy signal. Similarly, a $200,000 bitcoin may lead people to believe that it will continue to rise in value indefinitely, but S2F indicates a sell.”
The interest in Bitcoin ETFs is also unabated. For example, the ProShares Bitcoin Strategy ETF (BITO) had received more than US$40 million in the previous three months as of December of this year. Furthermore, more than $6.5 million has been invested in the Valkyrie Bitcoin Strategy ETF (BTF) since the end of November.
Todd Rosenbluth, the head of ETFs, stated that before the launch of the BTC ETF, the demand for bitcoin price exposure through ETFs had not been met. Many investors have a long-term perspective that recent volatility has not shaken.
Looking at the data on the chain again, we need to pay close attention here: near the end of the month, with option delivery approach, the price may drop further, so the stock of giant whales has fallen to a low point, indicating that giant whales are not interested in the current price. As a result, we can see an increase in super significant whale holdings after breaking 47,000.
As a result, all negative indicators are most likely protective behavior in response to option delivery rather than an actual bear market.
Furthermore, data show that Bitcoin outperformed gold and the S& P 500 index in 2021, marking the third year in a row. Similarly, according to Arcane Research’s most recent weekly report, with a return rate of 73 percent in 2021, BTC has outperformed the stock market for the third year in a row.
This graph depicts the performance of Bitcoin, the S& P 500, and gold this year:
According to the report, if the stock market continues to perform well in the coming year, BTC will continue to outperform it. However, if the stock market falls in 2022, Bitcoin may perform poorly.
Based on the information presented above, we have a rough idea of how Bitcoin may explode in 2022, and the next step is to select a trustworthy exchange to increase wealth.
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