Bitcoin orgy has come to an end? Experts: It will fall to $10,000 in 2022

Year-to-date, the price of bitcoin has risen nearly 70%, driving the total value of the entire crypto market to $2 trillion. However, recent increased regulatory scrutiny and dramatic price volatility have dampened Bitcoin's prospects. Experts warn that Bitcoin may be heading for a downturn.

Bitcoin to Crash?

Some experts are warning that bitcoin will fall sharply in the coming months.

In November, the price of bitcoin soared to a record high of nearly $69,000. Currently, bitcoin is below $50,000, down nearly 30% from its peak. Wall Street defines a price drop of 20% or more from its recent highs as a bear market. But it's worth noting that bitcoin is notoriously volatile.