BTC may continue to fall
in December 2017, the highest price of bitcoin was US $19798
in 2018, the lowest price of bitcoin is $3155
in 2018, the highest price of bitcoin was US $17157
in 2019, the lowest price of bitcoin is US $3353
in 2019, the highest price of bitcoin will be $13968
by 2020, the lowest price of bitcoin is US $3800
so far in 2020, the highest price of bitcoin is US $35000
from the above data, it can be clearly seen that bitcoin has fluctuated a lot over the years
historically, it has been rising. In the long run, I think bitcoin is worth investing
1. The continuous downturn of bitcoin and the decline of bitcoin price may keep some speculators away from the market, leaving behind a group of real bitcoin fans
2, the current bitcoin infrastructure can not support bitcoin market value, bitcoin infrastructure is still very fragile, bitcoin price has been fired to 8000 yuan, but speculation is still a concept, if prices do not slow down, there may be a big bubble, leading to the death of bitcoin.
3. The decline of bitcoin price can be accepted by more people, and the return to rationality of bitcoin price is more concive to the rapid development of bitcoin
if it's bad news, it's mainly based on the following reasons:
1. Falling prices lead to more people leaving the market. More people's positions will lead to the continuous decline of bitcoin prices. Some miners will carry out large-scale selling and cash out, thus forming a vicious cycle
2. With the continuous decline of bitcoin price, no killer application has appeared so far, and more people may lose confidence in bitcoin
3. The fall in the price of bitcoin may also cause investors to lose confidence in bitcoin and rece the financing for bitcoin start-ups, which may lead to large-scale collapse of some bitcoin start-ups
bitcoin home has more articles on bitcoin analysis. I suggest you take a look.
Bitcoin fell. The price of bitcoin rose to US $57000 a few days ago, but it has fallen back to US $50000 in recent two days. It has paid hundreds of dollars. Of course, these units are all US dollars. Why does it rise rapidly and fall rapidly? Because the value of virtual currency itself is unstable, the market volume largely determines its price{ It is not certain if RRRRR}
will burst. This is because before the price dropped below 40 thousand dollars, it rose to a little more than 41000 dollars. People felt that the market had good news after reaching the end of the year, resulting in a short break in less than a month, and the jumped to 57, faster than the special price. 000 dollars, who can guarantee that there won't be another such news? It's all uncertain
The main reason for the collapse is that the market of bitcoin is affected by the recovery of the world economy
may be more complicated, because in normal circumstances, when the world economy has recovered, bitcoin market should be getting better and better, but there is a lot of bubbles before bitcoin. So when the world economy is graally restored, the market needs to digest this part of the bubble, so the market of bitcoin will collapse. p>
a lot of people have bought bitcoin
for those small partners who invest in bitcoin, they may not have a good time recently, because bitcoin has collapsed twice in a short period of time, issuing billions of dollars more overnight, and hundreds of thousands of people have burst their positions. A lot of people put a very high leverage in the process of investing in bitcoin. When bitcoin withdraws a lot, they lose their principal{ RRRRR}