Bitcoin Takes A Blow After It Falls Below $22,000, Any Chances For A Bull Run

Bitcoin Takes A Blow After It Falls Below $22,000, Any Chances For A Bull Run


The performance of Bitcoin recently has not been entirely on the commendable side. Compared with the price trend for the past few years, BTC has not made an impressive move in 2022. Instead, the token has been held bound in a bearish grip that no one expected.

With the extreme crypto winter in the first half of the year, the entire market has been on edge. The collapse of the algorithmic stablecoin Terra and its ecosystem created a more devastating blow to the price of Bitcoin. BTC lost over half of its value with the crypto market, and its market cap went down.

But the year’s second half brought a slight hope for the world’s leading cryptocurrency. The price of Bitcoin started slightly changing as

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