But market participants must be prepared for anything.

1. The collapse of bitcoin and other cryptocurrencies.

Bitcoin has already lost about 30% from November highs. The first cryptocurrency based on technical factors may continue to decline in 2022. Bitcoin could fall another 67%, to $ 16,000, writes RBC. In this case, the value of altcoins can fall to 90% of the maximum. A deep correction next year is likely to be completed by the end of the year.

Earlier, more threatening predictions were sounded. So, the famous investor Louis Navelier believes that Bitcoin is threatened with a collapse to $ 10,000 due to the actions of the US Federal Reserve to tighten monetary policy. Technical factors will also intensify in the event of a breakout of the spring low of $ 28,500, which will accelerate the implementation of the double top.

2. Prohibition of cryptocurrencies in Russia.

In mid-December, Reuters reported that the Bank of Russia plans to ban the circulation of cryptocurrencies in the country. After that, the head of the State Duma Committee on the Financial Market, Anatoly Aksakov, called for an end to the issue of cryptocurrency regulation next year.

The Russian authorities can follow the example of China and choose the vector of restrictions on the use of cryptocurrencies. However, this will not have a significant impact on the international digital asset market.

3. Strict regulation or even complete ban on DeFi in the US.

In the second half of this year, the US authorities made a series of statements about the decentralized finance (DeFi) market. Their attention could be attracted by the significant growth of the DeFi space in 2021.

Even if the US banned DeFi altogether, it would not matter much to the market, because the points of attraction in a decentralized market could move beyond national borders, and without the US, there would be enough free liquidity.