Crypto Crash 2022 | Could Bitcoin Fall Into A Black Hole?
by Arnab Dey Finance Published on: 22 September 2022 Last Updated on: 17 October 2024
The cryptocurrency market was booming in 2018, showing no signs of slowing down. Investors are flocking to cryptocurrencies, and the real estate industry is about to be changed forever by Bitcoin.
However, at the same time, there are some experts that have been warning us for a long time now about a massive crypto crash that could occur in 2022.
The cryptocurrency market has been on fire since 2018, but not everyone is feeling great about it. After all, one of the most important things to take into consideration when talking about cryptos is the fact that they are still very much a very volatile asset.
There could be a massive crypto crash today that could occur at any time and destroy many people’s lives due to the nature of how unstable they are. The experts have long been warning us about this possibility, and now we have to wonder when this will happen.
The truth is that not everyone is happy with this situation, as many people are arguing that the market has already been too hot and should cool down in order to avoid a potential crash.
What Are The Reason For Crypto Market Crash Today?
The truth is that many people have been warning us about a potential crypto crash for years, and now we are finally seeing the signs of it. If you want to know about the Bitcoin market, visit bitcoin code.
Crisis Bitcoin State: A Rollercoaster-Ride That No One Asking For
Ever since the beginning of the internet, there have been very few periods in which everyone was happy. For example, when the internet first began, no one wanted to be able to get on and see all the different things they could do online.
The same could be said about when Bitcoin first began, and no one really cared about cryptos before that. It’s only now that we can actually start seeing how important cryptos were here in 2018, and it just might be too late for many people.
In June of 2017, the cryptocurrency market and the crypto crash were valued at $27 billion, and it is now valued at over $350 billion. That is an increase in value that no one could have ever seen coming.
Never before has the cryptocurrency market had this much attention from investors, and now everyone is running to it because they know that there is huge potential for profit.
The cryptocurrency market has been booming for nearly a year now, but many people are making the mistake of thinking that this will just last forever.
At this point in time, people are really starting to wonder if a crash is on the horizon, and if it should happen, when exactly could it occur; it seems that the majority of investors are turning their heads towards the year 2022 as being a major time for a crash.
The year 2022 seems to have become a major concern for investors recently, perhaps because this is the year in which many experts are saying that a major crash could occur.
Not everyone is on board with this, as some experts believe that it could happen even sooner than 2022. In reality, it might be impossible to know for sure when a crash will occur and how bad of one it will be.
The War Is Not Over: There Might Be Some Upcoming Ups And Downs
One of the main reasons why 2022 is being talked about as a year for a crypto crash is because in that year, there will be one more halving, and this could have an impact on the value of Bitcoin.
The fact that we are approaching another halving is certainly something that has many investors concerned, but this alone should not be enough to worry everyone.
One of the other reasons why many people seem to be worrying about 2022 is because there will be another major event this year which could cause a major crash.
The event that many are most concerned about is the fact that there will be a potential war on the Korean Peninsula.
Many people worry that if the war does not end, it could create mass chaos in Asia, and this chaos could potentially lead to a catastrophic price drop for Bitcoin.
Unsuitable “Schadenfreude”
Last but not least, there is one more thing that could cause a crypto crash in the near future. It might sound weird to some people, but the truth is that investors are already starting to feel “schadenfreude” from the way Bitcoin has been so wildly fluctuating.
Being able to see the price of Bitcoin rise and fall so quickly over the last few years has been awesome for those who have been watching it.
Some people get so excited about seeing the price rise that they forget that this could also be the start of a crash. Unsurprisingly, most investors who are watching Bitcoin become more and more unstable really love to watch it fall quickly.
Final Thoughts:
For some people, 2022 might already be too late. The reason why is that the market has already been unstable for a while now, and it might have already tipped over the edge.
In fact, there are many who believe that we are already in a bear market right now, which could mean that this is only the beginning before the real crypto crash occurs. At this point in time, it is impossible to know when exactly a crash will occur and how bad of an impact it will have on people’s lives.
Read Also: