So what if Bitcoin didn’t reach $100K. Take a step back and look at the bigger picture that was 2021, and what’s to come in 2022.
tracked BTC/USD as it meandered around the $48,000 mark, having reached multi-day highs of $48,550 hours earlier., by far the biggest date on the options calendar at nearly $6 billion. Conspicuous buying was recorded on U.S. professional exchange Coinbase Pro in the run-up to the event.
With stocks heading higher in Asia, all eyes were on the potential for a final flourish against a background ofThe S&P 500 broke its 70th all-time high of the year on Dec. 30 at 4,806 points, but next year could look very different for equities thanks to the Federal Reserve. For Jim Paulsen, chief investment strategist at the Leuthold Group, the future was bright — at least for H1.Bloomberg.
“That could happen, but I think we’re going to maybe go above 5,000 during the first half of the year on excitement that finally we may be moving COVID from a pandemic to an epidemic and on the realization that inflation is moderating.” BTC/USD looked set to end the year around $19,000 higher than its starting position. Zooming out, Scott Melker, the popular trader and podcast host known as the Wolf of all Streets, argued that the long-term BTC/USD spoke for itself.as part of Twitter comments on Dec. 31.Also in a celebratory mood, meanwhile, was PlanB, the quant analyst well known for his enduring but increasingly controversial stock-to-flow Bitcoin price models.
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