2022 Bitcoin prediction of the US giant bank Goldman Sachs

In 2021, there were surprises in the cryptocurrency market. While those who turned crises into opportunities gained a lot, those who suffered losses. It is necessary to make the right investments at the right time.

Cryptocurrency investors are not smiling right now. The wait continues in cryptocurrencies, which have not been able to realize the long-awaited upward movement. When the crypto money markets, which rallied last November, turned to a stagnant course, investors started to move away.

While Bitcoin’s dominance is around 39 percent, analysts state that it needs to be above 42 percent in order to experience the rise.

The US giant bank Goldman Sachs has published a report that Bitcoin will see 100 thousand dollars this year. Goldman Sachs stated that if it shows its performance in 2021, Bitcoin can reach $ 100 thousand and gold will take the market dominance from it.

The barriers of states against cryptocurrencies continue. China’s harsh attitude towards cryptocurrencies, Iran’s ban on crypto currency mining for a while due to its energy needs, the regulation studies of EU countries have somewhat negatively affected the trust in cryptocurrencies. In addition, the interest rate hike by central banks due to global inflation also reduced the interest in cryptocurrencies. Finally, it banned Bitcoin mining in Kosovo due to the energy crisis.