Countdown to the yearly close: 5 things to watch in Bitcoin this week

[newshunter]

Countdown to the yearly close: 5 things to watch in Bitcoin this week

Things may be calmer than expected as 2021 ends, but the chances for “face-melting” green candles are still there, say analysts.

Source: Countdown to the yearly close: 5 things to watch in Bitcoin this week

Would appreciate your opinion about this

[TomPluz]

Well, there is a big possibility that by the time the clock will be reaching 12 MN tomorrow which can be the official start of 2022, the price of Bitcoin can go as low as $44,000 which is, of course, not what many of us can be expecting especially for non-techie and small holder like me. And there is nothing much we can do but just watch and observe the many developments happening in the market. Personally, though, am still bullish for 2022 - that Bitcoin and the rest of the crypto industry will not be following patterns of the past but can be charting its own history in the coming new year.

[Astra]

Few expected that the price of cryptocurrency would fall so much by the end of the year. Bitcoin was expected to grow to almost one hundred thousand dollars, and the day before the New Year, its price slowly dropped to the current $ 46,846. Of course, in the coming month, due to the large number of holidays, prices are unlikely to rise significantly. I agree that January will be relatively calm in terms of price. Well, it is too early to predict further.