Bitcoin (Bitcoin) Gave up the latest gains on December 31, as the last trading day of 2021 opened on Wall Street.

Bitcoin is up 60% year-to-date

Data from Cointelegraph Markets Pro and Transaction view The tracking BTC/USD hovered around the 48,000 USD mark and reached a multi-day high of 48,550 USD a few hours ago.

Up there Coincides with Bitcoin options expiring in December, The largest date on the options calendar so far, close to $6 billion. Before the event, the American professional exchange Coinbase Pro recorded a large number of purchases.

As Asian stock markets rise, everyone’s eyes are on Concerns about inflation In 2022.

The Standard & Poor’s 500 Index hit its 70th all-time high this year on December 30, reaching 4,806 points, but due to the Federal Reserve, next year’s stock market may be very different. For Jim Paulsen, chief investment strategist at Leuthold Group, the future is bright — at least in the first half of the year.

“A lot of people think that when we enter the new year, we might give something back,” he said. Tell Bloomberg.

“This may happen, but I think we may exceed 5,000 in the first half of this year because we are very excited and eventually we may turn COVID from a pandemic to an epidemic and realize that inflation is slowing.”

BTC/USD looks to be about $19,000 above its starting position. Narrowing down, the popular trader and podcast host Scott Melker believes that the long-term BTC/USD speaks for itself.

“Do you want to shrink and feel bullish? Look at the BTC annual chart. Just look,” he Say As part of the Twitter comment on December 31.

At least USD 100,000 by December 2022

At the same time, PlanB is in a celebratory mood. The quantitative analyst is known for his enduring but increasingly controversial Bitcoin price model.

related: If this BTC price fractal appears, Bitcoin can “parabolic” reach $333,000

Reflection, he famous In dollar terms, Bitcoin has risen by 60% in 2021, stocks have risen by 27%, and gold has fallen by -4%.

Although far from reaching the level he hoped, BTC/USD remains loyal Allowable deviation of inventory flow, So it is expected to reach its predicted average price of US$100,000 in 2024.

An accompanying survey earlier this week in which get Nearly 180,000 responses indicate that most respondents believe that a year from now, the transaction price of Bitcoin will be between US$100,000 and US$200,000.