Bitcoin price prediction for years of 2022 and 2023

 History of the Bitcoin cryptocurrency:

Bitcoin is a virtual currency. Bitcoin started in the year 2009, which has now become so popular that the price of one Bitcoin has reached thousands of dollars. Bitcoin is used only in the digital world. People believe that in the year 2009, a group named Satoshi Nakamoto introduced bitcoin to the world for the first time. Some cryptocurrency market experts says that  that Bitcoin was originally described in a 2008 on whitepaper by a one person or number of people.  In the beginning, Bitcoin price was $0 . commercial transaction  launch of Bitcoin  happened on May 22, 2010, when Laszlo Hanyecz who is programmer by profession &  traded 10,000 Bitcoins for two pizzas. At last we can say that  Nakamoto was the actual inventor of Bitcoin or we can say  that  author of its very first implementation, Nakamoto organise  the network alert key and control of the code repository to Gavin Andresen, after few years who  became lead developer at the Bitcoin Foundation.

Bitcoin  pioneering nature makes it unique from other cryptocurrencies, Also Bicoin ,BTC remains at the First  of this energetic market after over a decade of existence.

Bitcoin, BTC Price prediction for coming days, holding period 1 to 4 months

For short term crypto traders, bitcoin looks very good on charts.  If Bitcoin trade above $55, 290 price levels then Bitcoin price can go up the price levels of $58,300 in the coming days or few weeks. In this case crytpto traders should keep stoploss of $52,600 on closing basis. We can understand Cryptocurrency trading is very volatile and stop losses may trigger any time but protection of your amount is best policy. Buy bitcoin at right level and sell it or book profit at right time will be best strategy for crypto traders.  

Bitcoin price prediction for coming few months (BTC), Holding period 5 to 10 months investment in bitcoin

For coming few months  once Bitcoin will reach at the price level of $ 58, 500 then we may see some profit booking and it can drag Bitcoin price to lower levels of $57,200 but that will will opportunity for accumulate the Bitcoin. In the coming 5 to 10 months, Bitcoin crypto may move up to the price levels of $63,000++

Bitcoin Price prediction for year 2022 to 2023

As Bitcoin is showing strength on charts and Investors of crypto currency market are attracting toward Bitcoin then one should not be surprised if Bitcoin crypto show new life time highs to bitcoing traders or investors. For reaching upto the new life time highs in Bitcoin, It has to give closing above $ 63,600 for few days then we may see higher levels in Bitcoin up to $80, 000 to $ 90,000+ in coming years of 2022, 2023. For long tern investors of Bitcoin, they should Keep strict stoploss of $43,800 for coming years and should try to lock the profit or Bitcoin traders may raise their stop losses.

 What are the Risks associated With Bitcoin Cryptocurrency?

Due to the high volatility and high volatility in the bitcoin cryptocurrency, some investors and traders consider bitcoin to be very risky. Let us understand the price movement of bitcoin with an example.

 In January 2021, the value of bitcoin went up to $42,000, but then suddenly dropped to $30,000, and in the next week, the price of bitcoin rose again to $40,000. In order to trade the bitcoin cryptocurrency, traders and investors have an app through which they transact in bitcoin. If at any point your file is deleted from the company server or the password is wrong, the money of bitcoin investors and traders is lost forever, say cryptocurrency market experts. Our website does not confirm this. A few weeks ago, there were reports on social media that some people lost millions of bitcoins because they did not have a password, they forgot. Now no one knows how much truth is there in this matter. No traders and investors have come forward for this in the official media channels.

What are Risk Factors Related to Cryptocurrencies:

No bank officially issues any cryptocurrency. It is the issuer of the cryptocurrency that controls the crypto. Cryptocurrencies are used only in the digital world. There are many types of virtual and digital currencies all over the world. The value of bitcoin crypto is the most underrated. For some time now, the attraction of investors towards bitcoin has increased rapidly. Bitcoin has also given strong returns to investors. There is no government control over it. No bank issues cryptocurrencies.