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FEB 4, 2022

Where is bitcoin headed in 2022?

Losing the Market Dominance in 2022

Due to the growth of smart platforms like Ethereum. Cardano, and Solana, which are unleashing advanced features in the virtual market, Bitcoin have lost their dominance.

Acceptance Across Mainstream Usage

If Bitcoin reaches institutional adoption and gets to be used as a payment method, then it will create a new wave of growth in the coming days.

The Environmental Collapse will Trigger Opposition

Although BTC is upgrading its underlying blockchain technology for less energy usage, the cryptocurrency will often be put at a tough spot for its nature of functioning.

When will Bitcoin Reach US$100k?

According to a report published by Bloomberg Intelligence analyst Mike McGlone, he mentioned that Bitcoin, Ethereum, and United States-pegged stablecoins will maintain dominance in 2022.

February Indicates a Rare ‘Red’ Flag

This year, the bull run is worrying investors like never before. Therefore, the unique ‘red’ flag is moving into February as well, indicating further price falls.

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