Bitcoin Could Reach $200,000 in The Second Half of 2022
<p>Fsinsight, a Fundstrat company, said bitcoin could increase around 500% from current price levels to reach $200,000 during the second half of 2022. In its note to investors, the company mentioned that all eyes are on Fed’s March meeting. While acknowledging the fact that a Fed rate hike of 4% could result in another 50% drop in all assets, the analysts believe that currently, the upside to bitcoin is much bigger than the downside.</p>
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