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Will Regulatory Clarity in 2022 Drive Bitcoin to $100,000?
Will Regulatory Clarity in 2022 Drive Bitcoin to $100,000?

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The crypto industry will benefit from new regulatory clarity from the SEC in 2022. The Bitcoin and crypto regulatory landscape has shifted dramatically in the previous months for a variety of reasons. Most importantly, China’s measures have compelled other jurisdictions to become more crypto-friendly. The purpose is to attract Bitcoin miners and traders who will pay taxes in their jurisdiction. Experts view that there will be more industry regulation next year.

So, what does 2022 have in store for us? Could the price of a long-awaited spot bitcoin ETF go parabolic if more traditional investors join in? Or, as more countries and businesses embrace cryptocurrency, could mass adoption skyrocket?

What will the price of bitcoin be in 2022?

Looking into 2022, many analysts believe that $100,000 will be the next target for bitcoin. One of the main drivers that will get the cryptocurrency there is wider adoption.

“Rather than focusing on bitcoin’s price one year out, I’m more interested in bitcoin’s price five to ten years out. It’s where I can see bitcoin topping $500,000 during that time frame. However, it wouldn’t surprise me to see bitcoin topping $100,000 by the end of 2022,” Marcus says. Marcus Sotiriou is an analyst at GlobalBlock in the United Kingdom.

Steve: “Bitcoin is at a crossroads next year. Bitcoin is the ‘face’ of crypto to the rest of the world, whether you like it or not. When bitcoin reaches new highs, the crypto markets as a whole receive a lot of interest and price action. My forecast for bitcoin’s price: in 2022, bitcoin will reach and surpass $100,000.” Steve Ehrlich is the CEO of cryptocurrency platform Voyager Digital.

The price of bitcoin continues to rise, and analysts have set new price estimates

Analysts are bullish on Bitcoin’s price, which has recently risen past $51,000. Bitcoin’s price has recovered after a five-week sell-off, reclaiming its recent high above $51,000.

According to Tom Lee, a managing partner at Fundstrat Global Advisors, Bitcoin might reach a high of $200,000 in 2022. Nicholas Merten, a well-known crypto expert, agreed with Lee’s prediction and came to the same result in his forecast.

The ProShares Bitcoin ETF, according to Lee, will be approved in 2022, driving the price of Bitcoin to new highs. Michael Saylor, the CEO of MicroStrategy, has expressed his optimism for Bitcoin, predicting that it will eventually replace gold.

Will 2022 bring regulatory clarity to the crypto industry?

As we look ahead to 2022, China’s actions, whether they continue to crack down on cryptocurrency or loosen their grip on the digital asset industry, will be a crucial indicator for future global regulation. The US appears to be moving in the right direction, with mayors accepting Bitcoin as payment and miners taking advantage of lower energy costs. But it’s unclear whether they’ll follow their South American neighbors’ lead and accept Bitcoin or other cryptos like Tether as legal tender.

“Increased regulation may boost growth in this market, as investors feel safe in regulatory control once the rules of the road for digital assets are established,” said Peiying Chua. Chua is a financial regulation partner at global law firm Linklaters in Singapore. “All of this will take some time — but the developments have been positive and a step in the right direction.

Is crypto FOMO about to reach? Perfect time to buy the dips?

Preventing being influenced by the FOMO effect is the greatest way to gain from it. In the best-case scenario, you’ve already positioned yourself ahead of the price increase hype. As a result, investors should keep a constant eye on the market in order to respond effectively.

The entry point usually has been missed if the price trend has already shown an unusually strong rise. The better you can predict how much a project will cause FOMO, the greater your chances to get the better entry.

However, instead of wasting a lot of time and effort monitoring charts, staking might be the best option. It is very important to research thoroughly before you jump into investing in a project to avoid being scammed. There are so many pseudo-anonymous projects out there that scam their investors. A project with an experienced team in the industry is one good factor to consider. Luckily, NOBI is here to bring you the best investment. Find out how NOBI Earn, NOBI Pro, and NOBI Trade are the perfect solutions for your crypto investment.

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