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Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, Crypto Exchange FTX donnant BTC pendant le Super Bowl

This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investors note, Fsinsights head of digital asset strategy, Sean Farrell, said the parabolic growth would be due tolegacy market capital entering the fold.

Fsinsight: ‘Bitcoin to Tap $200K in H2 2022, Ethereum Will Jump Close to 400%

While last years $100K predictions went silent during the last month of 2021, bitcoins (BTC) price predictions are starting to appear again this year. According to the Fundstrat firm Fsinsight, BTC could increase by almost 500% from the current price point to around $200K per unit.

le BTC price prediction stems from Fsinsight and the firms head of digital asset strategy, Sean Farrell. Both Fsinsight and Fundstrat are bullish about the upside potential of crypto assets as Fundstrat Global Advisorshead of research recently insisted bitcoin still hasexponential growth aheadof it.

Fsinsights and Farrells investors note says times are different now that major businesses andlegacy market capital [est] entering the fold.” “This is much different from 2018 where tech stocks were still doing well but bitcoin sold off along with the rest of the crypto market cap,” Farrell explained. Entre-temps, all eyes are on the Federal Reserves meeting in March as Fed chair Jerome Powell has hinted at raising benchmark interest rates.

Fsinsights prediction notes that U.S. policymakers could bring some downside to the leading crypto assets price growth. “All assets can sell off and drop another 50% if the Fed hikes 4% tomorrow or next month,” Farrell remarked in the note. “But right now, as things stand, the upside to both bitcoin and [ethereum] is much larger than the downside.

Entre-temps, digital currency values have increased during the last week as bitcoins (BTC) a climbed plus de 12% et ethereum (ETH) jumped more than 13% over the last seven days. Fsinsights prediction also notes that ethereum has the potential to swell in USD value during the last half of 2022. Fsinsights investors note predicts ETH could climb close to 400% to around $12K per unit.

What do you think about Fsinsights prediction about bitcoin and ethereum skyrocketing to new highs in H2 2022? Faites-nous savoir ce que vous pensez de ce sujet dans la section commentaires ci-dessous.