The entire crypto market has taken a big step towards mass adoption in 2021, and now that the year is drawing to a close, analysts are setting price targets for 2022.

Many analysts support the request for USD 100,000 (Bitcoin) The price is before the end of 2021. Although this seems unlikely, most investors expect the key price level to be resolved before the second quarter of 2022.

The following are some of the Bitcoin price predictions for 2022 by analysts.

Bitcoin is still expected to exceed $100,000

Since PlanB’s inventory-to-flow model, analysts have been silent about providing ready-made Bitcoin forecasts Wrong prediction By the end of November, the price of BTC was 98,000 USD, although the model was launched from August to October.

Although some traders are now questioning the effectiveness of the stock-to-flow price model, crypto analysts and anonymous Twitter users “DecodeJar” still believe that BTC will exceed the price point of $100,000 in the next few months, and according to analysts, the price It may climb to as high as US$250,000 by the end of 2022.

#Bitcoin Sliding scale model on top.

1/ Conservative/early prediction:
The halving is predicted at the same rate: June 7, 22.
2.618 expansion in wave 5: $190,233.

2/ Extreme/late projection:
Forecast at the same speed from bottom to top: December 19, 22.
The 3.618 expansion of Wave 5: $251,971.

String pic.twitter.com/XP605JZgXg

— Steve ? (@decodejar) December 12, 2021

As shown in the above tweet, DecodeJar believes that based on the Elliott Wave Extension and Fibonacci Retracement levels, Bitcoin will reach the “conservative price target” of $190,233 by June 7.

In a follow-up tweet, DecodeJar warned:

“The forecast of future price and time is just a guide, but as we get closer, combining this range with other indicators can allow a clean exit near the top. I like the more conservative end ~$190,000.”

Regulations will be introduced in 2022

David Lifchitz, Managing Partner and Chief Investment Officer of ExoAlpha, talked about insights into the future of the entire cryptocurrency ecosystem. He stated that “cryptocurrencies will still exist in 2022” because “the government will not ban them.”

Instead, Lifchitz suggested that “they want to regulate cryptocurrencies in order to strictly control the relationship between cryptocurrencies and fiat currencies and treat them as a source of taxable income for replenishing the treasury.”

The world needs standards to solve the risks from encryption and cryptocurrencies @FinStbBoard A global regulatory framework should be developed to help.Read more about the latest policy required #IMF Blog https://t.co/ZIZ6ggxuIu pic.twitter.com/P0TTSLi8SR

-International Monetary Fund (@IMFNews) December 9, 2021

With the continuous development of the DeFi ecosystem and the development of new functions, Lifchitz predicts that banks and insurance companies will be forced to adjust their business models to remain competitive, and “the middleman business faces greater risks as DeFi becomes redundant. “

When it comes to the enthusiasm in the NFT field, Lifchitz expressed reservations about the industry’s ability to continue its lightning-fast growth rate, and he addressed some of the deeper concerns that regulators might move forward.

Livchitz said,

“It has become so hot that people can’t help but wonder if they are not used for money laundering… I know that because the central bank has to find a home, there is a lot of money sloshing around, but the 2021 NFT reminded me In the Dot.com era in mid-1998, there was still room for a parabolic price increase, and then a depression.”

As for the hype surrounding the emerging Metaverse, Lifchitz said that although it looks like we are heading towards a future that may resemble a movie scene Ready player one “People take refuge in the virtual world because their real world is terrible.” Our world is still “many years away from that world.”

related: Open the way for the growth of the crypto market through better regulation

Mass adoption may continue

Despite signs of short-term weakness, Loukas Lagoudis, executive director of crypto and digital asset hedge fund ARK36, “confirms that the overall bullish trend of the crypto market will continue in 2022.”

Lagoudis stated that “the continued adoption of digital assets by institutional investors and their further integration with the traditional financial system will be the main driving force for the growth of the crypto space next year,” because institutions are seen as starting to favor “digital assets rather than digital assets”. Gold as a reserve asset” during 2021.

Lagudis said,

“In addition, since digital assets have consistently outperformed traditional asset classes, we predict that investors will view digital asset allocation as part of their risk management strategy-especially considering the increasing inflationary economic environment and the decline in bond yields .”

According to Jean-Marc Bonnefous, Head of Asset Management at Tellurian ExoAlpha, “The trend seems to favor a blockchain that focuses on performance, dApp development, and is more centralized.”

Bonnefous saithis represents a major change in past trends, which are more focused on “focusing on security, value storage, and more decentralized projects like BTC or even Ether.”

Bonnefous said,

“Basically, the market seems to be pursuing business agility and cost-efficiency rather than the purity of the blockchain, which has changed a lot from the past few years. This winning relative value transaction may continue into next year.”

The views and opinions expressed here only represent the views of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading action involves risk, and you should conduct your own research when making a decision.