Fundstrat’s Fsinsight: Bitcoin at $200,000, Ethereum at $12,000
Even if the last predictions for 2021 for $100,000 didn’t have any success in the charts, new predictions for 2022 have started to shine a light in the market.
More specifically, Fsinsight, a Fundstrat company, stated that Bitcoin will reach $200,000 by H2 2022 while Ethereum will reach $12,000 in the same period.
This prediction is based on the fact that more and more institutional investors will enter the market and the whole crypto market has passed into a more mature level. In parallel, FED’s policy regarding interest increase in 2022 will affect also crypto prices.
Last but not least, the regulatory authorities are expected to take action during 2022, affecting the price for every coin in the crypto market.