The first period of this year is over. What has Bitcoin shown so far in 2022?
The first quarter of 2022 shows that Bitcoin is taking it very easy. If your reference date is January 1, the most famous cryptocurrency in the world has actually shown few crazy things. Since January 1, the coin has fallen in value, but not at a level that we often see in the world of crypto. 5 facts about Bitcoin in 2022 so far.
1. Bitcoin takes it easy
The last days of 2021 represented a decline for Bitcoin in value. And the coin never climbed out of there. On January 1, Bitcoin was worth $42,000. And look at the rate today. Then you see $40,000 on the plates. In short, in those first three months and a few weeks, little really exciting happened.
2. Not $50,000
Today is Easter Day, April 17, 2022. And the $50,000 has still not been seen this year. The price recently came close to 47k, but has not yet reached 50. The last time Bitcoin was worth more than $50,000 was on December 25, 2021.
3. But not under $35,000 either
No strong risers. However, no bizarre falls either. The price has not yet fallen below $35,000 this year. The deepest pain was reached on January 23 with a value of $35,070. Since then, there have been more ups and downs, but Bitcoin has always remained quite stable. The typical bear or bull market terms have actually not been discussed this year.
4. Similar to 2021
Yes, Bitcoin hit a new all-time high in 2021. But that doesn’t mean 2021 was a year where every month was exciting. In the period from May to July, BTC lapped on dull waters after experiencing a significant drop. That is a period of three months. Similar to what we see now.
5. More good news for Bitcoin than ever
Every year the world of cryptocurrency is growing. From being in infancy to slowly maturing. The United States has spoken positively about cryptocurrency this year, the United Kingdom has spoken positively about cryptocurrency this year. While in the past the world of crypto has gotten a lot of shit. As an outsider, it makes you curious what this will bring.