Bitcoin Price Prediction 2022

Mr. Plan ₿
Coinmonks
Published in
3 min readMay 26, 2022

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Source photo Unsplash.com

What Is Bitcoin?

Digital money Bitcoin is aiming to become an alternative to fiat around the world. This is a digital currency Decentralized and peer-to-peer payment technologies allow people to be empowered by this system..” There are no governments or organizations, or even persons, in charge of the conventional financial system. In the end, the price of Bitcoin is purely determined by the supply and demand for the digital currency.

A mysterious inventor or creators known to the world as Satoshi Nakamoto has been behind Bitcoin since its birth in 2008 Bitcoin has swept the digital world, and it also has the distinction of being the oldest and biggest cryptocurrency. It is Bitcoin’s open-source protocol that allows it to operate as a truly decentralized system. FIAT’s shortcomings put it right in the middle of it.

Bitcoin Price Prediction 2022

Bitcoin’s price began the new year on a downward trend that it had started in the previous year. Originally priced at $46,165.73, the price increased to $47,889.75 the same day. On the 10th of January, it struck a low of $39,875.14 after a gradual decline over the following days. On the 13th of January, the stock price rose to $44,543.13, providing some short-term respite.

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Mr. Plan ₿
Coinmonks

Passionate about personal development and crypto/stocks investments, I share valuable insights for your success . For collaborations vremaroiua.medium@gmail.com