The Year 2021 in 10 Key Moments for Bitcoin. 2022 will be an even more exceptional year for you if you are a Bitcoin HODLer.
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* Bitcoin price drops 20% in January 2021. CNN announces a Bear Market lol.
* Elon Musk announces Tesla’s entry into the Bitcoin world in February 2021.
* Bitcoin reaches a market cap of $1T on February 22, 2021. This remarkable success was achieved in only 12 years. In comparison, it took Google 21 years to reach this milestone, Amazon 24 years, Apple 42 years, and Microsoft 44 years.
* Coinbase’s IPO promotes a surge in the price of Bitcoin to an ATH close to $65K by mid-April 2021.
* China bans Bitcoin mining in late April 2021. This favors the first decline in Bitcoin price.
* The price of Bitcoin falls sharply as Elon Musk also takes the opportunity to announce the end of BTC payment support for Tesla cars.
* We see the great exodus of Bitcoin mining from China to America as the price of Bitcoin bottoms out just above $29K in mid-July 2021.
* El Salvador becomes the first Bitcoin Nation on September 7, 2021.
* Taproot is activated on November 15, 2021, a few days after Bitcoin hits a new ATH of $69K on November 10, 2021.
* In mid-December 2021, a new milestone is reached: 90% of the total Bitcoin supply has been issued. Less than 10% of Bitcoin remains to be issued by 2140.
For 2022, Bitcoin will continue to surprise you on every level in my opinion. Rather than make empty predictions about its price, I’d rather remind you of something that will keep you benefiting from Bitcoin: take the long view by making a time paradigm shift. With a monetary revolution like Bitcoin, the key is to stop thinking in days, months, or years, and start thinking in decades.
If you can do that, then you’ll be able to adopt the same strategy that MicroStrategy did with Bitcoin: the best. The best because it is the simplest and most effective for most people.
To conclude, it remains for me to wish you a happy New Year 2022. May this year bring you health, happiness, and prosperity for you and your loved ones.
Happy New Year 2022!
Cryptocurrency
