Does bitcoin have room for appreciation
bitcoin itself has no value, and its current values are all human factors. From the perspective of the price trend of bitcoin, there are obvious traces of manipulation by the makers. Considering that the range of use of bitcoin is gray and black, although there is a certain room for increase, the risk can not be controlled and there is a risk of being short at any time

Bitcoin is a kind of virtual currency, which has attracted the attention of many people since its birth, and also made many people devote themselves to mining. Today, the price of a single bitcoin has increased by more than 10 million times in the past ten years, which makes more people focus on this virtual currency, and makes bitcoin cause widespread concern once there is any disturbance< however, although bitcoin's rise is exaggerated, it has lost the room for growth at present , mainly because of the following two points
Therefore, based on the above two points, although the current price of bitcoin is very exaggerated, its own characteristics and lack of official recognition also make it lose the space to continue to riseThis kind of virtual currency has room for appreciation. Bitcoin is a digital currency that many people in China pay attention to, but people in some remote cities don't care much about it. The lack of attention makes them miss many good investment opportunities for no reason. Who will choose bitcoin in the end? Bitcoin must become the favorite of villagers in remote mountainous areas with underdeveloped network. Why do you say that, Some people have analyzed this. Whenever bitcoin soars, there will be a lot of media coverage
But in fact, many people don't quite understand the value of bitcoin. The price of bitcoin is now tens of thousands of dollars . Of course, the price of bitcoin is always changing. If you want to know the price dynamics of bitcoin, you can go to the Internet to find out. Digital currencies like bitcoin will eventually be accepted by ignorant people. Therefore, if you don't want to be a group of people who have been cut leeks, you must understand as soon as possible. Don't blindly invest in bitcoin, and don't start to start when you see its rapid growth, We need to know more and think about itThere are still some. First of all, from the perspective of short-term speculation, it is generally favorable. At present, there are two biggest favorable expectations in the currency circle. One is that the central bank's digital currency will be launched at the beginning of this year, which is also good for the currency circle. Another is that bitcoin mining will be halved. In May 2020, bitcoin will usher in the third halving, Half from 16.5 to 8.25
mining will basically stop, unless bitcoin rises to US $10000
at present, bitcoin is US $8000, so it's certainly right to buy at a low price in this position
the second target price of bitcoin must reach a new high, and more than US $20000 is a short-term high probability event
in the long run, we should compare asset preservation, For details, please refer to this article
which is better, bitcoin or gold
