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Bitcoin crisis: Crypto tipped to 'crash' in 2022 as investors urged to pull out

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Carol Alexander, professor of finance at Sussex University, told CNBC recently Bitcoin will "probably crash" in 2022.

She said last month: “If I were an investor now I would think about coming out of bitcoin soon because its price will probably crash next year."

Professor Alexander added that Bitcoin “has no fundamental value” and serves as more of a “toy” than an investment.

As reported by CNBC, Professor Alexander warned of history repeating itself, as in 2018, Bitcoin tumbled close to $3,000 (£2,200) after climbing to a high of nearly $20,000 (£14,000) a few months earlier.

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when the thing that bitcoin did was to plummet

BabaYaga_profile-image
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Yes, we can never predict the movement but we can atleast prepare

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