Will BTC fall in 2020
the total number of BTCs is 21 million. When a block is successfully calculated, the coin will be given to the successful "block exploding" miner in the form of mining reward. BTC block reward has a mechanism of halving every four years. After calculation, it will take about 2140 for all BTC to be g up. Therefore, in our lifetime, there is no need to worry about the BTC being g up
as long as the BTC value is still there will be profits whenever mining, and some miners will not shut down their machines.
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
of course, the next month will be the cycle of proction rection. After two months of proction rection, most of them will usher in the market. Therefore, if there is a short-term withdrawal, it will be a perfect low absorption point
it's better to buy bitcoin ETF fund than bitcoin in 2020< In theory, X2
3. The current price of bitcoin is 70000x4 = 28000 US dollars (the expected price after this year's proction rection)
ring this period, the return comparison between holding spot money and ETF fund is as follows:
1. Buy spot money to hold, earn 4 times
2. Buy ETF fund, earn 12 times, Up to 30 times (intelligent position adjustment + fund compound interest calculation)
there is no doubt that bitcoin ETF launched by bitoffer is the best investment choice!
on November 28, 2012, BTC was halved for the first time, from $2.01 to $1178, an increase of nearly 600 times
on July 10, 2016, BTC halved for the second time, from $163.65 to $19800, an increase of more than 120 times
BTC is expected to halve for the third time in May 2020.
In early August, bitcoin 24mining, a cryptocurrency investment boutique, launched a price forecasting model, which uses bitcoin mining machine learning software of bitcoin 24mining in Python. As the upstarts say, burgercrypto revealed in their model that they expect bitcoin to fall to a low of $8000 in October 2019
when the model was released, analysts called on BTC to restore its upward trend to a new historical high of more than $20000. However, as you may already know, bitcoin 24mining's machine learning based bitcoin mining model has proved to be correct. With the increasing bear market pressure, BTC fell to $7700 at the beginning of this month
as shown above, the model shows that bitcoin fell to about $8000 at the beginning of October when it bottomed out, began to rise, entered Halloween / early November, and then soared to an all-time high
1. Ethereum: a better value accumulation target
for many years, accumulating bitcoin has been the main way to store the value of cryptocurrency. Investors use bitcoin as a sharp weapon against the economic crisis. However, institutional traders are now also interested in Ethereum
in the 2020 annual review report of coinbase, it is noted that institutional customers are more and more interested in Ethereum. The reason is related to how investors evaluate Ethereum ecosystem
first of all, it is the original currency of the network. Because Ethereum is a platform for many valuable projects, Ethereum has become a powerful trading currency in Ethereum ecosystem
Why are more and more institutional traders hoarding Ethereum
the report points out that the driving force for Ethereum holders to invest comes from: first, Ethereum's potential as a value store is constantly developing; 2、 Ethereum's status as a digital currency provides the basis for its network transactions<
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2. Investment institutions such as coinbase and Gemini are optimistic about Ethereum and defi
Arthur Cheong, founder of definance capital and portfolio manager focusing on defi encryption fund, pointed out in a statement in coindesk, "I think bold investors will explore Ethereum and defi after studying bitcoin."
according to the data, some investment institutions such as coinbase and Gemini are incredibly bullish on Ethereum. In addition, more and more large investors are looking for different decentralized financing space
Why are more and more institutional traders hoarding Ethereum< However, deniss vinokourou, a digital asset investment manager, believes that "not everyone is satisfied with the risks associated with defi that still exist, but the rapid growth of active projects in Ethereum supports capital appreciation."
unlike bitcoin, Ethereum has many ways to retain investors and lock them in for a long time. After the release of eth2.0, Ethereum owners have made a lot of profits in long Ethereum
the original text is from ambcrypto and compiled by blockchain knight. The right in English belongs to the original author. If you want to reprint it in Chinese, please contact the compiler.
