Bitcoin market trend today

1. The recent trend of bitcoin market can be described as "overwhelming". After breaking through $50000, bitcoin did not stop rising. In the early morning of February 20, bitcoin hit a new record high, rising to above $56000, and its total market value reached $1 trillion

in fact, this is not the first time that bitcoin has been on the hot search e to "soaring". As a kind of investment choice for emerging assets, bitcoin also has some risks, which are mainly manifested in the sharp fluctuation of price. Before the arrival of the lunar new year, bitcoin has also been repeatedly downplayed by institutions e to the sharp fall, which can be called a roller coaster like market stimulus for bitcoin holders

in fact, for ordinary traders, e to their limited capital scale and risk-taking ability, it is better to determine a scientific portfolio according to the actual situation rather than to be affected by the rising trend of bitcoin market in a certain period of time.

2.

Bitcoin price trend can be understood by looking at the trend chart. First of all, in the long run, bitcoin is at the bottom stage after the decline

from the perspective of investment opportunities, it is a good opportunity to start buying money and then collecting money. Of course, this premise is to be able to stand loneliness and stand the test of time. Tun coin is based on the year

from the perspective of band speculation. There has been a wave of market recently, but it only lasted about a week. Now that the investment window has been missed, the next investment window is expected to drop to $3500 or rise to about $4000 in bitcoin. When the investment window arrives, I (WAN Yuanfu) usually publish it in the group for the first time. Do band also need to have certain technology, this will take time to slowly improve and perception

3. Since the issue price of bitcoin was 0.008 cents in 2009, the highest price of bitcoin has risen to 1280 US dollars (equivalent to more than 8000 RMB). Now the price has been maintained at 2000-3000 RMB. Because the mining time has been very long, and now the price has been in a declining stage, so bitcoin is no longer a first chance. Khan is the successor of bitcoin The third generation of digital cryptocurrency, the current Khan currency, is equivalent to the bitcoin of 2009. Its price is very low, and it has only entered China for nearly two months

4. Now bitcoin is plummeting. Bitcoin fell 10% today to $10184.77. Compared with the previous $12000 or more, it is still down a lot
however, the fluctuation of bitcoin is very big. Some analysts said that the price of bitcoin may return
you can go to coin easy to have a look and learn more about the coin circle.

5. Exchanges can see, I use fire money to see the market, Bitz open the contract, what do not understand, just ask

6. Hello! MGK project has only one app, without any white paper, team introction and background introction related to blockchain. Moreover, the app interface is stuck and unsmooth, and there is no technology at all. The content is just related to "pulling the head". It adopts the offline development mode to attract investors, and claims that it only goes up but not down, and goes up unilaterally. It is obviously a pyramid scheme.

7. Prices are changing at any time, Download with the fire coin network can be directly 100 degrees on the search, in the fire coin network home page
you can see the real-time market trend of bitcoin, which can be seen by time, daily K chart, weekly line, monthly line and annual line. It's really clear.

8. Yes, the price of bitcoin will continue to rise. More and more people like bitcoin, many funds and institutions will enter, and the price will continue to rise
now is the beginning of a new round of price increase

9.

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. "