All the predictions about most of the currency are proven wrong. We were waiting to see a boost around Christmas and New Year. But no need to say that is not happening, though there was a green candle stick a few days ago because of Christmas but that didn't cross the line what we expected.
The real question is, didn't we know that this will happen?
I believe most of us did.
Seeing another all-time high would probably not happen anytime soon. And about 100K BTC now sounds absurd.
Screenshot from coingecko
Take a look at the market, no matter what coin we are talking about it's probably red by now.
Many are saying that it's a good time for investment. But I don't think so. If you are a day-to-day trader then you may gonna earn a little. But if you are a long-term investor or holder like me then this is not a good idea to buy most of the popular crypto. Because I don't believe the price would be high anytime soon. Maybe a little around New Year but not much. And for BTC it will take longer to reach 50K and crossing the 60K line would not be in the first quarter of 2022.
Experts are saying that there will be a market crash soon. So why I'm not afraid?
The Web3 movement is expected to take the center stage in 2022. Not only that DeFi will continue to grow further in 2022. We know how NFT and Meta markets are going. I believe it's high time to focus on these things other than crypto. Decentralized finance and decentralized autonomous organizations are the new things to focus on. There are many projects based on them like the Polygon network. If we manage to learn to move towards them, no matter if the crypto crashes we will be on the winning line.*
However, I'm not a high tech market analyst rather a common trader. I was keeping an eye to see the movement so I can make investment decisions as per.
I said it before and I will say it again, 2022 will not be the same as how we used to invest and trade. It's high time to cope with the new world waiting for us.