Bitcoin Historical Monthly Chart - January 1st, 2022

BITCOIN HISTORICAL MONTHLY CHART - January 1st, 2022

By TrevorBalthrop | Trevor Balthrop | 1 Jan 2022


Helloooooo out there in the world of Bitcoin!


My name is Trevor and we are ending the final month of 2021 with an updated Historical Chart for Bitcoin! 

Feast your eyes upon the full chart here 👇

TREVOR BALTHROP BITCOIN ETHEREUM HISTORICAL MONTHLY DATA CHART CRYPTOCURRENCY PREDICTION TRADING INVESTING WHALE DEFI NFT THE REDHEAD

Now if you are looking at this chart for the first time and a little bit confused, do not worry. 

For a better understanding of what we are looking at here with Bitcoin's price.

Make sure you check out the video or the article below for a more detailed explanation of how to read. 
👇
https://www.publish0x.com/trevor-balthrop/bitcoins-historical-monthly-chart-explained-xpplynr

https://youtu.be/8OrOJsz4etg


Now let's get into what we see on our handy data chart! 

The year has ended and so has the month December putting us at a Bitcoin price of $46,200.00 USD

TREVOR BALTHROP BITCOIN ETHEREUM HISTORICAL MONTHLY DATA CHART CRYPTOCURRENCY PREDICTION TRADING INVESTING WHALE DEFI NFT THE REDHEAD

This was easily one of the most shocking months of the year for nearly everyone in the Crypto Markets. 

However! 

I can't help but say if you were around for last months article you would have easily seen this one coming.

This was the most shocking month by far because all we have been hearing from everyone for the past year or two is that Bitcoin will hit $100k by the end of 2021 most likely in December.

There were tons of influencers, whales, and big names at the top calling for this to happen. 

In hindsight though, usually when people want Bitcoin to do one thing, it ends up doing the opposite. 

Another important thing to mention here is the fact that Bitcoin not hitting $100k this year/month actually benefitted institutional investors trading Futures for the 1st year in Bitcoin's history. 

TREVOR BALTHROP BITCOIN ETHEREUM HISTORICAL MONTHLY DATA CHART CRYPTOCURRENCY PREDICTION TRADING INVESTING WHALE DEFI NFT THE REDHEAD

Now because the Future's traders were not able to sell their client's Bitcoin at $100k this year, come 2022, all these little whales manipulating the market are going to get paid over $50,000+ in Premiums. 

The way this works is that their clients put in bets a year ago hoping Bitcoin would hit $100k. 

Those clients now officially lost their bets and now the people in charge of those bets made an insanely gross amount of money. 

Not only that, but since they held their positions for a year, they won't have to pay as much taxes if any at all. 

If things feel painful for you right now, that ought to make the pain sting a lot more and for that, I apologize. 

But without pain, there is no gain! 

Sure the market was manipulated by Bitcoin Whales joining hands for the first time with Wall Street and Central Bankers. 

However! 

That doesn't mean things are over quite yet and it definitely doesn't mean you should lose faith in Crypto as a whole. 

TREVOR BALTHROP BITCOIN ETHEREUM HISTORICAL MONTHLY DATA CHART CRYPTOCURRENCY PREDICTION TRADING INVESTING WHALE DEFI NFT THE REDHEAD

We have to remember why we are all here to begin with and look at what we know just happened! 

Don't forget, the reason why these big money players are getting involved is because if they didn't, they would be done for. 

They want you to leave because they want more for themselves. 

Combine what we remember with what we know now and that paints a very beautiful Q1 picture for 2022. 

What we know now is that the same whales manipulating all the markets to their favor.

They all just got paid very handsomely. 

Their clients?

Well they may not have $100k but they still got back the original Bitcoin they bought in with. 

What else do we know? 

Prices are extremely low right now and fear that we are on the edge of a cliff is at an all time high thanks to all of this disappointment. 

Prices are low with a lot of money about to be paid out to big investors over the course of the next month. 

Tax Season is around the corner, regulation is on the horizon, and a Spot ETF sure seems like something that might happen soon. 

TREVOR BALTHROP BITCOIN ETHEREUM HISTORICAL MONTHLY DATA CHART CRYPTOCURRENCY PREDICTION TRADING INVESTING WHALE DEFI NFT THE REDHEAD

Last month I warned of huge volatility and the possibility of a shake-out to the downside that might put us around $55k. 

We still closed Red but we ended with a much lower price than I expected. 

Now I wouldn't go too crazy and please be careful managing your risk right now! 

As it seems right now though, we are inching closer and closer to even crazier volatility. 

The type of volatility we are about to see could potentially have us seeing price swings on bitcoin of around $10,000 on the daily. 

This type of volatility would come from those same players that just got paid and would easily lead to that blow-off top many of us are waiting for. 

I personally believe we will see this happen Q1 of 2022 here making the later half of this year the beginning of the next Bear Market. 

A Bear Market that may end up being only less than 2 years away from the next Bitcoin Halving. 

🤔

Hope that this helps everyone, good luck out there and I hope you all have a BEAUTIFUL day in crypto!


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TrevorBalthrop
TrevorBalthrop

Official Website: https://www.trevorbalthrop.com | Bitcoin ₿ | Blockchain | Author on Urban Dictionary | CEO of www.DrinkingGames.beer | Worked for Google at 14 and 19 years old | Big Tech Whistleblower |


Trevor Balthrop
Trevor Balthrop

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