BTC market in the morning of January 20

1. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency

"Spring Festival red envelope" refers to the rising market of bitcoin ring the Spring Festival. Big V jiangzhuo'er once predicted the end of bitcoin on Weibo, and then it stopped the sharp decline since November 2018 and began to shock. In the same microblog, it was also mentioned that bitcoin bottomed out before the Spring Festival, which was thought by fans to be very likely to come true
latest bitcoin Market:
bitcoin (BTC) market_ Golden Finance

24459.78 & # 160; RMB 53.02 + 0.22%

02-11 14:27 Trading

2. In the last rising cycle, BTC usually experienced multiple 30% + correction, and the average increase after each correction was 153%. That is to say, if you can buy accurately at every low point, you can get an average return of 150%
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

3. In general, you can see the market directly in the bitcoin exchange, not in the third party's place. The data is not accurate. You can download the okex app. The market, legal currency, currency, contract and option market can be handled in one app

4. Not too late, but recently affected by the global epidemic, BTC is still in a downward trend, so it is not recommended to buy now. If it's really itchy, you can go to the okex exchange to buy BTC, which won't fall too much. It's more stable than Shanzhai currency, or you can buy platform currency, such as okb, which is more valuable than other currencies in bear market. If there's anything you don't understand, ask me again

5. Bitcoin, as the representative of digital currency, must be fire. I've been using bitcoin in Matcha MXC. I'm optimistic about it. I'm glad you've always adopted my answer and hope to help you

6.

There's always a reason for

7. There are a lot of apps that apple can buy bitcoin, but the choice of app is similar to that of platform. Whether the app is smooth or not is related to whether the transaction can be carried out smoothly and whether it can make profits. For the download of app, investors can go to the homepage of okex exchange to download.

8. In the case of spot, I suggest you don't be afraid to make up for the fall. I have prepared a lot of u in Bitz, waiting for him to fall. I hope my answer can help you. Thank you very much!

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. "