Bitcoin (BTC) Price Prediction 2022 – 2030

  • According to Cointelegraph, many venture capital firms have raised their funding for lighting networks, Bitcoin layer-2, to develop decentralized applications for a total of US$ 30.3 billion in the first half of 2022.
  • According to technical analysis, the nonfarm payrolls report on Friday caused the price of bitcoin to decline from US$ 24,600 to US$ 22,400 at the beginning of August, according to Bitcoin.com.
  • As reported by CNBC, the Fed announced an interest rate increase of 0.75%. As a result, BTC prices rose dramatically by over 7% from US$ 21,500 to US$ 23,000 on 28 July 2022.
  • According to Cointelegraph, Tesla, the second largest Bitcoin holding company, sold 75% of its Bitcoin holdings, which valued US$ 936 million, in the second quarter of 2022.

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