Will BTC rise in 2021
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
according to the history of bitcoin, someone has made a correlation model between halving and price. According to this model, the next time bitcoin halves, the price will exceed $10000 or even $100000.
since then, the pie has risen to US $14000 for more than a month. Today, it has been nearly two months since this high point. At present, the range of shock is almost a 30% callback
so, according to the historical situation, we are likely to experience another 150% rise this year? And if it can be realized in the next few months, it also means that the bear market is really far away from us:
however, it should be noted that the above is based on the rising cycle in history, and now, logically speaking, we can't be 100% sure that we must be in a rising cycle now. If we choose this chart today, we also want to remind the players who are looking at the general trend, Or we should be cautious to do some catch-up and sell down, or wait for a "bottom hunting" point, because it is possible to miss one or two times the income of ten or twenty points
time really flies. It is expected that bitcoin will rise to US $15000 by the end of the year
In the future, the value of bitcoin will continue to rise, mainly e to the following reasons:
1. The value of bitcoin will rise over time in design
2. As the transaction volume of bitcoin is increasing every day in the world, the total amount of bitcoin and bitcoin generated every 10 minutes will decrease (that is, the bitcoin implemented on July 10 will be halved), The value of bitcoin will continue to rise in the foreseeable future
The dollar and many other fiat currencies are depreciating every year, which is e to inflation, that is, the increase of money supply. Bitcoin is designed to be deflationary4. Since now, the supply of bitcoin has been reced again, that is to say, bitcoin has been "halved", recing the number of bitcoins proced every ten minutes. At present, the reward for each block is 12.5btc
There is no proction limit on the quantity of US dollar, so it may be inflated by the order of the government or the central bank group. Paper money (legal tender) is usually inflated by trying to pay off excess debts or by paying for war But in bitcoin, there is no debt, inflation and bleeding. I would say that we are on the way to a good ideological start7. Bitcoin now has a bifurcation battle, but the market fluctuation is relatively stable, which proves that many countries in the world need it. If you split a coin into two. If your assets exceed 10 million, I suggest you invest 10%
In view of the fact that bitcoin is the "alternative currency" of gold, bitcoin will have huge room to rise in the long run. JPMorgan and others said the outlook for bitcoin remained very optimistic in the long run. Bitcoin, the world's largest cryptocurrency, is known for its volatile price. If the bitcoin market wants to match the amount of private investment in the current gold market,
the excessive expansion of the rising trend may lead to the flow of investment from bitcoin to Shanzhai coin. Every time bitcoin is reced by half in design, it is expected to add value, and what happens now is no different. And after the long cryptocurrency winter, the current price rise is consistent. At the current price level, no matter the price is high, the interest of institutions continues to grow, the growth of bitcoin and decentralized Finance (defi) and the growth of TVL. As the narrative about bitcoin price growth has supported one or more of these themes, it is likely to boost the price,
from the perspective of venture capital, Bitcoin has been comparable to gold in attracting private investment outside the central bank. The target price range of US $50000 to US $100000 given by the current market is actually the coexistence of profit and risk
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