Bitcoin is the first crypto coin and the largest cryptocurrency in the industry based on market capitalization. From 2020, Bitcoin has been recording massive growth, with 2021 hitting an all-time high price. There are many reasons why BTC might explode in 2022.
One of the reasons is the increasing demand to make Bitcoin a legal tender. El Salvador became the first country to accept BTC as the legal tender, and more countries are likely to do the same in 2022. This alone Bitcoin might grow bigger.
The number of businesses and organizations accepting Bitcoin to pay for goods and services might increase in 2022. The number of people buying Bitcoin for value storage may also increase this. All these are major factors that might make BTC explode in 2022.