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Expert Prediction: Bitcoin 2022 Trend (Bitcoin's 10-Year Histoical Price &Depth Analysis)

2022-07-18
6722
Bitcoin is undoubtedly the most eye-catching currency among virtual currencies. With the high attention of the market, its value has also increased in an instant. After skyrocketing in 2021, it has fallen sharply this year. Is Bitcoin really going to fall from the altar ?
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In this article, we will tell you how to see the trend of virtual currency, the trend forecast of Bitcoin, and the factors that affect the historical price of Bitcoin. Let's decrypt BTC together!
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Bitcoin trend chart

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Bitcoin trend K line (Source: CM Trade)
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It can be seen from the Bitcoin trend K-line that the Bitcoin price will gradually decline in 2022. In June, it fell below $23,000 for the first time in more than a year. In July, it is still hovering around the lower point of 20,000.
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Readers who are usually concerned about the real-time trend of Bitcoin should be curious about BTC’s poor trend in 2022. Will there be a chance to rebound? If you want to invest wisely, you have to understand the historical price of Bitcoin and the trend of the past ten years.
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The historical trend of Bitcoin in the past ten years



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Bitcoin 10-year chart (Source: Investopedia/HugoLin)
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Of the many asset classes, Bitcoin has the most volatile trading history.
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Since the emergence of the cryptocurrency BTC, it has experienced several surges and crashes. As can be seen from the ten-year chart of Bitcoin, the first wave of BTC's power was witnessed in 2013, and the price soared from 13.28 to $230, and then fell again in the following weeks. to $68.50. Trading at $123 in October 2013, it surged to $1,238 within two months, fell to $687.50 three days later, and touched $315.21 in early 2015.
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At the junction of 2016 and 2017, the price slowly rose and hovered around $1,000, and finally rushed to $19,345. At this time, cryptocurrencies received unprecedented attention, arousing the interest of a large number of investors, economists and governments, and began to develop other Virtual currency to compete with Bitcoin.
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In 2020, the global economy is sluggish, and the policies of various countries have intensified investors' concerns, which catalyzed the explosion of Bitcoin price, which rose 416% from the beginning of the year, and broke the record of the previous year in early 2021, and finally reached a record high of $68,991. .
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What will affect the price trend of Bitcoin?

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Since breaking through the highest point last year, the value of Bitcoin has been on the decline. Uncertainties such as global economic bottlenecks, inflation, wars and changes in US dollar policy have caused investors to worry about the long-term viability of the crypto industry, and prices have begun to fluctuate more.
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The following factors may affect the value of Bitcoin more than the average currency or security:
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Scarcity
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The number of all Bitcoins is fixed at 21 million, and currently there are only about 19 million in circulation. Supply is fixed, but demand is constantly increasing.
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Increased public acceptance
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A new wave of investors has emerged in the mainstream market, and the enthusiasm and acceptance of Bitcoin has increased significantly, with experts predicting that it will reach 4 billion users by 2030.
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Cryptocurrency Regulatory Policies
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The regulatory attitudes of countries towards the emerging asset class of cryptocurrencies are still unclear, policies are uneven, and any new regulations may affect value.
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mining cycle
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The complex algorithm behind mining will affect the speed of the circulation of new coins, and will also halve the value of existing Bitcoin holdings.
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Exclusive analysis and price prediction of Bitcoin's future trend

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Experts predict that Bitcoin will reach $100,000 as soon as 2022. It’s not less than that, it’s just that the time has not come!
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BTC is showing some signs of stabilization, but it is not out of the woods yet. The crypto market is expected to be more and more aligned with the global stock market and economic development.
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Bitcoin’s supply grows around 2.5% per year, while demand grows even faster! After the 2020 BTC halving, the supply of new BTC dwindled, causing price predictions to surge to over $1 trillion in market cap. Increased market demand leads to more drastic price changes.
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Bloomberg Intelligence predicts a Bitcoin price of $100,000 in 2025 as most demand and adoption metrics support BTC’s upward trajectory. PlanB'sBitcoin's forecast data also supports the claim that BTC will rise to $100,000. However, analyst Peter Brandt predicts that Bitcoin prices are consolidating and will need to drop to $13,000 to start moving higher. According to our exclusive view, the value of the BTC virtual currency appears to be poised for further declines.
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At present, Bitcoin has gradually penetrated into the mainstream market and can stand the test of time. As an emerging asset and cryptocurrency, investors often use it to store value against inflation and market uncertainty. If the public can overcome panic selling The idea is that in the future, it is bound to have a greater popularity and become a safe and reliable long-term currency, and the upward trend is not difficult to predict.
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How to Invest in Bitcoin CFDs BTCUSD on CM Trade

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Source: Pexels (Alesia Kozik)
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Investing in Bitcoin is generally optional spot trading or contract trading. Depending on your familiarity with virtual currency trading, long-term and short-term investment plans, amount, leverage operations, trend forecasting, risk aversion, etc., there will be different investment methods, and even can match each other.
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For example, if you hold $1,000 of BTC, the future direction is unclear, and you don’t want to sell it rashly, you can use spot + contract transactions.
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If you take out BTC of $100 and open a short order with 20 times leverage, when the price of BTC falls, your remaining $900 of BTC will depreciate, but a short order of $100*20 will make a profit, which can make up for the depreciation of the BTC spot. loss. After the decline is over, the short order will be completed immediately, and then the currency value will rise, and the overall asset will also appreciate. This kind of hedging and shorting is a way that veterans often use to avoid risks. The flexibility of the contract gives investors the opportunity to quickly enter and exit the market.
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How to buy Bitcoin CFDs?

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Choose CM Trade, which is authorized and regulated by three major authorities, and you can experience simple and convenient CFD trading. At present, the platform provides transactions including foreign exchange, index, cryptocurrency, gold and crude oil through APP or MT4; it does not charge transaction commissions, and there are no deposit/withdrawal fees and idle fees, which is one of the biggest features of CM Trade.
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And CM Trade strictly abides by regulatory and compliance requirements, implements segregated accounts, independently manages margins, and adopts high-level encryption technology to ensure the safety of customers' assets and personal information. Provide consultation through E-mail or 24-hour online customer service, and quickly deal with follow-up questions. (Refer to the specific usage introduction link)
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In conclusion

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Bitcoin is actually just like any other currency or investment activity, the laws of supply and demand, public sentiment, news, market dynamics, scarcity, etc., are all influencing factors. Investment and financial management have both profit and loss. Of course everyone wants to get rich overnight, but it is the basic principle to stop loss and stop profit in a timely manner. It is recommended for beginners to start with spot trading.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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