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Bitcoin rebounds in 2018

Publish: 2021-04-29 09:34:10
1.

bitcoin is not the mainstream currency now. Its skyrocketing price has nothing to do with us ordinary people for the time being, but it is far fetched to say that its bull market is coming. This may be just a short-term rebound

the peak value of bitcoin used to be US $20000. Since it fell to US $3500 in 2018, it has been in a state of occasional rebound. Although it has risen by 20%, it is still only US $5000. Compared with the high price of US $2W, it is only one fourth

at present, there is no clear statement about the attitude of government agencies in various countries towards bitcoin, especially as the world's largest bitcoin procer, the attitude of the Chinese government is more important, but until now, no official attitude has been found. The market is waiting to see, this wave of rise is likely to be the chain reaction caused by the reluctance of most holders to sell

at present, most people are bearish on bitcoin, but as an encrypted digital currency, whether it can be controlled is the government's consideration. If a currency is not effectively regulated, it will become a paradise for black instry. The damage to the economy and society will be immeasurable

therefore, at present, bitcoin is only a game for a small number of players, and the current holder is just a quilt. They hope to soar, but at present, it can only be a disappointing result

2. Not yet in the end, but bargain, there will be a wave of market in 2020
3.

In the early morning of January 2, Beijing time, foreign media reported that at the beginning of the new year, the life of bitcoin has been difficult

this is the first time since 2015 that the cryptocurrency has opened a new year in the form of a sharp fall, further aggravating its decline since it hit a record high of $19511 on December 18

The surging trend of

has given birth to a variety of other cryptocurrencies, and also made bitcoin enter the wall street in the form of futures contracts. On December 18, the Chicago Mercantile Exchange launched for the first time a derivatives agreement that some traders thought would encourage short positions, and bitcoin peaked a few hours later

virtual is always virtual

4.

Since January, the real supervision has not come, only a few ambiguous scrapes have come, the exchange is still there, the project party has not gone, the media of the office is getting better and better, and the related instries are also sleeping day and night. But the bear market has come. It seems that it is unwilling to go. It went down in January, fell in February, and was sluggish in March. Many people cry out that it is a pity to abandon them. They are very surprised. Some people say that the 2014 bear market will repeat itself, while others say that the past is good and we should hold on. We might as well think from the following angles and get our own answers

"bitcoin is the vane of the digital money market. The rise and fall of bitcoin price determines the heat of the overall market and the ability to attract external funds. Therefore, we mainly discuss bitcoin and other mainstream digital currencies."

Like the development and prosperity of the stock market, the game of multi countries will become the theme of the future. Investors will also become more rational, and graally rece the weight of policy in the face of digital money market

Where will ICO itself go and what will the currency of investment be

answer: as a means of financing, ICO is more efficient than IPO and more fair in the distribution of profits. Of course, its own limitations will also limit the development of this financial instrument. ICO and IPO will exist for a long time in the future, serving different instries. Whatever is suitable for token will promote the development of ICO, as well as in policy. IPO will not disappear, because it is more in line with the existing legal framework, in line with international standards and other first mover advantages will support him to continue to maintain the financial channel of related instries

5.

The total amount of the explosion reached 13.7 billion yuan. After two rounds of bitcoin crash, with so many people standing on the roof, there are so many leeks to be harvested. It's really hopeless< you'll never make money beyond recognition. Even if you're lucky enough to make it, you'll pay it back with your strength if you want to touch the things that Warren Buffett doesn't touch, you will ask who is the behind the scenes player when the position bursts. So I'll tell you who's behind the scenes

let's conclude. The world is asking who is behind the scenes and who is behind the scenes. This is different from the stock fund. If you don't even know who is behind it, you dare to do it. It can only be said that there must be brave men under heavy rewards. If you want to make money, please make something that you don't even touch. Don't touch it. Do you have to be a leek to be a success? Bitcoin's wind rating in many countries is not good, even India's richest man has asked the state to ban it. What does that mean? It's not something that ordinary investors can control. Cryptocurrency in the black market can only be suitable for the black market. Do you really think you are qualified to compete with those unscrupulous investors in the black market

6. It can't be simply attributed to the exchange. Sometimes there are sudden short-term fluctuations, and the exchange does participate. But the main topic is about the monthly time span, which is difficult for the exchange to control. It is more the result of the joint operation of hot money and large institutions. However, the sharp decline of the overall currency value can't be separated from the basic economic principle: the relationship between supply and demand, This is beyond anyone's control
7.

According to

crypto cred, this situation may indicate that there is not enough momentum to do long in the market

in addition, crypto cred also believes that the consolidation of bitcoin in the previous three months is a range consolidation, not a triangle consolidation, so once the horizontal support line is broken, the market sentiment will become very pessimistic

crypto cred also pointed out that in the daily K-line chart of bitcoin in September, the closing price of 24 days was lower than that of the previous day, which also showed that the whole trend was developing in a bad direction

Future trend, how to develop< p> Ledger status points out that bitcoin's stepping back into the $8000 or even lower range is likely to prepare for future actions

he believes that bulls need to take back several key positions first. First, bitcoin needs to go back above $8400, which is the 200 day moving average

he explained that if the price of bitcoin could get back to $8400, it could rise rapidly and retest $9400. After that, if bitcoin can further break through the previous integration range, it is very likely to create a new annual high

However, unfortunately, the 200 day moving average is becoming a strong resistance line. If bitcoin fails to break through this position, it is likely to go further down to the low of $6000

however, ledger status also points out that even if bitcoin goes further down to $6000, technically speaking, the long-term bullish trend has not been broken. He said,

"I remain bullish for a long time, unless bitcoin falls below its 200 week moving average (currently about $4600 and is still climbing), which marks the bottom of the first two bear markets."

finally, ledger status said that if the price of bitcoin can rebound above the 200 day and 20 week moving average, it will be quite optimistic for the market

up to now, the price of bitcoin is US $8070.5, and the market value of bitcoin accounts for about 67.1% of the total market value of the whole cryptocurrency

8.

Last year's opportunity to get rich was not to buy a house, nor to speculate in stocks, but to speculate in currency

according to the data of coinmarketcap, bitcoin surged by 1400% in 2017, reaching nearly $20000. On September 30, 2017, China closed down bitcoin trading platforms such as jucoin.com, and many small investors who had heard of entering the currency market had left the market when they lost a lot. In addition, some Zhongfen, who are profitable in currency speculation and optimistic for a long time, are looking for other ways to continue to fight in the bitcoin market. The result is obviously very obvious, overnight wealth has become a common scene of speculation

However, the greater the return, the greater the risk. On March 31, 2018, the lowest price of bitcoin fell to US $6863.52, compared with us $14112.20 on January 1, 2018, a decrease of more than 51%. These two days, there was a massive rebound, as of today, around 7700-8000 US dollars. According to professional analysis, there will be a downward trend after the rebound

speculation in currency is risky and investment should be cautious

like my attention, give me some praise

9. The price of bitcoin is high and low, and the possibility of complete collapse is not large in the short term< At present, the high price of graphics card is not entirely caused by mining. For example, the price of video memory and PCB of graphics card has gone up, and there is little chance to go back to the previous price.
however, in the future, more and more mining companies will use special mining machines, which will be less efficient. If the demand for game graphics card is reced, and NVIDIA does not encourage users to mine, The upcoming new architecture graphics card may further limit the mining performance. In the future, the price of the game card should be a little loose.
10. It's all bubbles. Finally, don't make leeks. Similar to the stock market, where you can't see, there are always some gods operating all this. You see the rise, perhaps they are a lot of capital positions, you see a wave of praise, perhaps false. All or honest work to make money.
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