Bitcoin fell to more than 30000
according to coinsmart, the highest price of BTC this month is $6533.4, while the current price is $4480.87, which once fell to $4100, a new low of this year, with a decrease of about 30%. The market value of bitcoin once evaporated by nearly one third, with a current market value of $548.1 billion
the overall market has fallen so miserably that some of the investors directly involved have lost tens of millions in this market
affected by bitcoin, the mining machine market also suffered. At present, the current price of bitcoin is lower than or close to the mining cost price in many areas, which means that the profit will be greatly reced or even the cost will be lost. Due to the unbearable losses, many players resell "mining equipment", and withdraw from the coin circle. At the same time, e to the currency decline, the income from "mining" can not make up for the hard expenses such as electricity charges, so that some loss making mining machines can only be cleared.
I think the price trend of bitcoin is still very weak in the future. Bitcoin has been sold by many people now. In this mood, more people will sell it. In the process of most people selling bitcoin, the price will keep falling
friends who pay close attention to the price trend of bitcoin have found that the price of bitcoin has fallen below $30000, and the downward trend of bitcoin has not ended. In the future, there are still great risks. Many institutions in the market are actually bearish on the price of bitcoin. They think that the price of bitcoin will continue to fall in the future. Some even predict that the price of bitcoin will fall below $20000
First, the bearish sentiment in the market is relatively strongthe game in the capital market is actually very obvious. In the current bitcoin market, most investors have no information about the price rise of bitcoin and turn to bearish on the price of bitcoin. The sentiment in the market is very strong, and this sentiment is negative, Negative emotions will have a very important impact on the continued price decline of the special currency in the future{ RRRRR}
through the analysis of the above three aspects, I think the price of bitcoin will continue to fall in the future. In fact, bitcoin is a special asset in this market. many countries do not recognize the value of bitcoin, but the speculation on the price of bitcoin still exists in the international community. Since the price of bitcoin has been falling continuously, this trend will continue for some time
Yes , January 22 , the price of bitcoin continued to decline in the previous two days. According to the price of coindesk, the bitcoin price once fell to $28845 , 17.83% lower than the highest price of $35102 in 24 hours
as of 10:10, the price of bitcoin was about US $29918, with a decrease of 13.94% in 24 hours. The turnover of bitcoin in 24 hours was US $70.71 billion, with a market value of US $556.66 billion. This is the third consecutive day that the price of bitcoin has fallen. On January 20, the price of bitcoin fell from more than $37000 to less than $35000, and then fell below $32000 on January 21
extended data
the dispute over the price of bitcoin continues:
in the past seven days, bitcoin has experienced a roller coaster like correction, falling for three consecutive days and piercing the 10 day moving average downward. Compared with the historical high of nearly 42000 US dollars in the first ten days of this month, it has dropped to more than 10000 US dollars in just a few days
at present, the dispute over the price of bitcoin continues: those who believe that bitcoin will continue to rise believe that institutions' understanding of the digital currency is graally maturing and use it as a hedge against inflation; Opponents argue that this is just another bubble after the collapse of the bitcoin in 2017. p>
John Normand and Federico manicaldi, strategists of JPMorgan Chase, wrote in a report on Thursday that bitcoin has set the fastest price appreciation record in the history of major assets, and the current price is far higher than its mining cost, which means that the decline of bitcoin's return rate will be inevitable
on March 12, the price of bitcoin fell to US $3800
if you want to pay attention to the price fluctuation, you can check it directly on the market software, which is more timely than the information you get by asking questions.
bitcoin has become one of the hottest topics at present. however, if we simply regard bitcoin's breakthrough of $30000 as a fraud, then some of them are relatively simple. After all, bitcoin is still of great value as the most valuable virtual currency. The blockchain behind it also represents another development direction. In fact, netizens have had a lot of discussions on this. I have also given other answers to such questions. If you like, you can have a look{ Third, how to look at the future development of bitcoin
in my opinion, after this soaring, bitcoin may usher in a slump in the future. So I hope you can look at such an event rationally. And for those who invest in bitcoin, they also hope that they can treat it rationally. After all, the price of bitcoin has reached the point that ordinary people can't accept. Most importantly, I hope you can understand that we have never acknowledged bitcoin from the beginning to the end
On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece
for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money
affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%
extended data
experts said that the slump is a normal phenomenon:
"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks
according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23
William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "
I think it is mainly caused by panic, because the bitcoin market will be greatly affected by the mood
the market of bitcoin has nothing to do with the valuation and management of the market, and the reason is very simple, because bitcoin is not constrained by any institution. When bitcoin rises sharply, it shows that everyone has enough confidence in bitcoin. On the contrary, when bitcoin falls sharply, everyone will sell bitcoin
bitcoin has fallen below $50000
I remember that bitcoin had broken the historical mark of US $65000 when it rose the highest, but in just 10 days, bitcoin fell back to US $50000, a drop of more than 25%. This fluctuation is hard for ordinary investors to accept, because the psychological expectation that ordinary investors can accept is about 5%, and the point of 25% can be called a bear market { RRRRR}