The outlook report forecasts lofty price predictions for the two largest coins by market cap by the end of 2022 based on a series of key metrics.
Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022.At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively.The Digital Assets In A Post-Cycle World report explained several factors that are likely to combine to drive prices to those heights by the end of the year. Compared to other cycles, it would appear that BTC has not achieved what the report calls “overly frothy valuations.” This could be attributed to better efficiency in the market, or a transition from a payment solution to a store-of-value.The lack of bubble-like prices is shown by the fact that since the May 2020 Bitcoin halving, BTC mar
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