Fsinsight, a Fundstrat company, said bitcoin could increase around 500% from current price levels to reach $200,000 during the second half of 2022. In its note to investors, the company mentioned that all eyes are on Fed’s March meeting. While acknowledging the fact that a Fed rate hike of 4% could result in another 50% drop in all assets, the analysts believe that currently, the upside to bitcoin is much bigger than the downside.