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Bitcoin will hit $200,000 in the second half of 2022, predicts FSInsight

From fortune.com

Cryptocurrencies have had an especially volatile past month, but an influential market analysis company is predicting gigantic gains in the coming months. FSInsight, in a note to investors, said Bitcoin could hit $200,000 in the second half of 2022. That's a 462% increase from the crypto's price as of Monday morning. Ethereum is also set for potentially huge gains, said FSInsight, with a prediction of a price as high as $12,000 this year, a 385% premium to where it is trading now. The report noted that cryptocurrencies are increasingly becoming connected to tech stocks. Sean Farrell, head of digital asset strategy ... (full story)

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  • Category: Fundamental Analysis