Growth of bitcoin in 2021
Ethereum is likely to rise to 10000 in 2021
institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%
while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market
extended information:
the increase of Ethereum is as follows:
the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter
each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions
warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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No one can guarantee that bitcoin will double in 2021, but we can buy a small amount of bitcoin, but don't think too much about it, because bitcoin is only a virtual currency after all, it's just a virtual thing with value-added that we can see, It doesn't have value-added parts like RMB or gold, but in this case, everyone may be interested in bitcoin, just because it is a conceptual thing. If bitcoin wants to increase its price, there will be some crazy price increases, but if it wants to rece its price, it will be very fast, This bubble will be much faster than the housing bubble. p>
sometimes when we see the rising price of this kind of currency, we may feel very sad, but for each of us, the rising price of this kind of currency is not necessarily a real rising price, even if it is gold, it is a kind of hard currency. If the price of bitcoin goes up, it may be that gold prices all over the world are going up, but for bitcoin, it is just a conceptual thing. If it wants to go down, it will go down faster than this kind of real stock. Whether bitcoin can double again in 2021, no one can guarantee it, However, if you are interested in bitcoin, you can buy it in small quantities. If you are not interested, don't touch it
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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At present, it is certain that its price will continue to increase. After all, there are many financial institutions supporting the stability of the currency price
there are too many uncertain events in 2020, such as epidemic, "3.12", WiFi, filecoin main network delay, US presidential election, etc., while the certain events include Ethereum 2.0 online, bitcoin price rise, etc
why is the rise of bitcoin price a deterministic event
This is undeniable, so it has become the most certain thing at the beginning of 2021. At present, it is certain that its price will continue to grow. After all, there are many financial institutions supporting the stability of the currency price< br />