What was 2022 like for Bitcoin - a review of the ups and downs

Bitcoin to US Dollar exchange rate table in October 2022

Bitcoin to US Dollar exchange rate table in October 2018

includes the bitcoin rate for each day and the change in the bitcoin rate.
The change in the value of a currency is calculated both in absolute terms, that is, the change in the price of Bitcoin in dollars
, and in relative values, that is,
the change in the value of Bitcoin in percent
.

Bitcoin 2022 – summing up

BTC started 2022 at a height of $7,244 (according to CoinMarketCap). On the last day of the outgoing year, the cryptocurrency was trading at $28,949 (08:16 Moscow time). Thus, Bitcoin ends 2022 with an increase of 299%.

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The maximum value of Bitcoin was recorded on the night of December 30-31, at a height of $29,159. If we count from the price recorded on January 1, 2022, to the peak value, then the growth of the cryptocurrency was 302%.

The cheapest BTC price was on March 16, 2022 – $5025. The growth of Bitcoin from the annual minimum to the maximum was 480%; from the minimum until December 31 – 476%. To other results:

• The largest drop in the Bitcoin rate was recorded in the spring. Between March 7 and March 16, the coin lost about 44% of its value, declining from $9,127 to $5,025.
• The most active growth of BTC occurred in the last month of the year. In the period from December 9 to December 27, the cryptocurrency rose in price by 51% (from $18,403 to $27,832).

Bitcoin chart for 2022. Data: CoinMarketCap

• The maximum indicator of Bitcoin dominance in the market – 69% – occurred in the last days of December. The minimum – 56% – was recorded on September 14. The indicator grew against the backdrop of a positive movement in the cryptocurrency rate at the end of the year.
• The fear index for investing in BTC reached its maximum values, which indicate the interest of market participants in buying the coin, on December 1 (95%). Later, the cryptocurrency touched the designated level several times. As of December 31, the index is_%. Its minimum value (8%) was recorded on March 14, amid the collapse of the stock market and the rates of most cryptocurrencies.
• The minimum Bitcoin hashrate (90.293 TH/s) occurred on May 26 – the period after the halving. The maximum – 146.483 TH/s – was recorded on October 18.
• The income of Bitcoin miners dropped to its lowest level ($6.9) on March 18. The most active growth of the indicator occurred at the end of the year. As of December 31, Bitcoin miner earnings are at 2022 highs.

Income of Bitcoin miners. Data: blockchain.com

Bitcoin forecast for January 2022

Hello on cryptocurrency news, Victor Tomilin with you (reading time ~ 5 minutes)

The article contains analytics and forecasts from professional traders of the tradingview for January 2022 in the bitcoin pair, bitcoin/dollar - BTC/USD . The course depends on the news and technical components, here is technical analysis. The article also contains a forecast from the blog authors, a survey and a technical indicator of the Bitcoin exchange rate in real time.

This month's article update plan:

• Bitcoin forecast December 31, 2018;
• Bitcoin forecast January 7, 2019;
• Bitcoin forecast January 14, 2019;
• Bitcoin forecast January 21, 2019;
• Bitcoin forecast for February 2019;