Bitcoin Price Predictions by Experts (July 2022)

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Last Updated on July 16, 2022 by Bitfinsider

On Monday, the price of bitcoin remained around $20,000 per coin. Bitcoin has been showing signs of recovery since mid-June, owing to increased interest from institutional investors. Bitcoin fell to $18,000 in mid-June, its lowest level since December 2020.

According to a survey of 950 investors conducted by MLIV Pulse, 60% believe the market will continue to fall, while 40% believe otherwise.

The bearish forecast demonstrates how cynical investors have become. The collapse of several lending platforms, unstable currencies, and the end of the loose monetary policies that fueled a speculative frenzy in financial markets have all shaken the cryptocurrency industry.

According to CoinGecko data, the total market value of cryptocurrencies has decreased by more than $2 trillion since late last year. Retail investors were more skeptical of cryptocurrencies than institutional investors, with a quarter declaring the asset class to be worthless. Professional investors were more open to digital asset investments.

Bitcoin has lost more than two-thirds of its value since reaching a high of nearly $69,000 in November, and has not traded below $18,000 since September 2020. In the current market environment, it is easy for people to be afraid of cryptocurrency, according to Jared Madfes, partner at Tribe Capital. He claims that market participants’ general fear of uncertainty is reflected in their expectations for a further drop in Bitcoin.

As the crypto market continues to deteriorate, governments will be under increasing pressure to tighten regulations on the industry. Most respondents see such oversight as positive, as it has the potential to boost confidence among institutional and retail investors.

Cryptocurrencies are currently a volatile asset driven by high-risk/high-reward investors. However, as individual investor interest continues to wane, market activity will most likely return to normal in the coming months and years.


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  1. The Intelligent Investor by Benjamin Graham
  2. Crypto Investing Guide: How to Invest in Bitcoin, DeFi, NFTs and More by Ian Balina
  3. The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology That Powers Them by Antony Lewis

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Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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