Bitcoin price recovery
"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
On January 24, according to us financial website CNBC, bitcoin prices rose more than 10% on Tuesday local time, rebounding from intraday lows below $10000
the South Korean Financial Services Commission announced on Tuesday local time that the real name trading system of virtual currency will be implemented from the 30th of this month, and all existing virtual currency accounts will be suspended. For users who already have a virtual currency trading account, those who have a bank account of the opening bank can directly use the bank account to deposit and withdraw money, while those who do not have the same bank account can not deposit, only withdraw money
the committee also announced guidelines for financial institutions to prevent money laundering related to cryptocurrency
according to the data of cryptocompare, in South Korea, the share of bitcoin transactions remains at about 5%, while in the United States, bitcoin transactions are the largest, accounting for 38% of the total bitcoin transactions. Japan's bitcoin trading volume ranked second, accounting for about 30%
ten years from now, the price of bitcoin is unknown On December 17, 2017, bitcoin reached an all-time high of $19850. On June 22, 2019, the price of bitcoin broke through the $10000 mark. Bitcoin prices fluctuated around 10200, rising nearly 7% in 24 hours
On June 26, the price of bitcoin broke through US $12000, a 17 month high since January last year. In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the yeartherefore, the future price trend of bitcoin is uncontrollable
4, low transaction costs:
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution
On December 17, last year, according to the bitcoin platform cex.io, bitcoin's US dollar quotation broke through the US $20000 mark for the first time, reaching a new record. The quotations of several major bitcoin trading platforms overseas also approached the US $20000 mark at the same time. However, the price of bitcoin fell below US $14000 on December 22 e to the theft of 60000 bitcoins on Ukrainian exchange liqui on December 21 and hacker attacks on some trading platforms
for the current round of decline. Some analysts believe that it is e to South Korea's regulatory policy. On January 11, according to foreign media reports, South Korea's Ministry of justice was preparing legislation to pave the way for the complete closure of domestic exchanges. On January 10, bithumb and coinone, two South Korean exchanges, were raided by the IRS, which was also seen as verifying whether there were tax evasion and financial transactions on the exchanges. On January 8, the chairman of the South Korean Financial Services Commission said at a news conference that he was concting a joint inspection with the South Korean Financial Supervision Institute on six banks providing cryptocurrency account services to verify the anti money laundering regulations previously formulated and the implementation of real name system measures for relevant accounts
According to the data of okcoin, a well-known digital asset trading platform in China, the price of bitcoin staged a surprising reversal yesterday (July 21). As of today's morning trading, bitcoin has broken several important resistance positions, which is beyond most people's expectation. Pull up the market mainly occurred in the Asian market late after 19 o'clock, ring this period rose by more than 23%. As of today's press release, the currency price has fallen from the high of 19800, and the latest trading is around 18750
within the day, at the 4-hour level, the moving average system (5, 10, 20) showed a more cohesive arrangement, in which mA20 (purple line) played a major role in supporting the price, and the price rebounded again after stepping back on MA60, which can be considered as an effective break, and this level turned to be cautiously bullish; At the 1-hour level, the price is currently in a consolidation state of high and more, and the MACD index is running above the zero axis, so this level is also more
to sum up, the price rose again to the upper track of the shock range after severe shock at the high level, and the medium and short-term trend pointed to the direction of price operation, so the light position can be involved in the bullish in the day. Intra day support focuses on the 1400 line. This price can be seen as the long short watershed of this round of rise. As long as the price does not fall below this price, the operation strategy of batch intervention can be adopted. It is suggested that each time a position is built, it should not exceed 30% of the position. After the last time a position is built, it should be considered to increase the position; The top focuses on the resistance from 1790 to 1960
the future trend is not optimistic, because many people are short of bitcoin and are not optimistic about the development of this kind of digital currency
for investment procts such as bitcoin, in fact, such investment procts will fluctuate violently, so it is very normal to have a 15% slump. But for those who invest in bitcoin, it may be difficult for them to bear the loss brought by the withdrawal of bitcoin, because when they invest in bitcoin, they only want to make money
bitcoin plummeted 15% in one day
for the small partners who invest in the stock market, we know that the stock market has already dropped to the limit when it fell to 10%, but for procts like bitcoin, because bitcoin itself has very large fluctuations, when bitcoin plummeted, the extent of the slump was also very exaggerated, reaching 15% in one day, More than 40 billion dollars disappeared in a flash{ RRRRR}
the reasons why bitcoin is so popular are as follows:
first of all, bitcoin is actually a kind of virtual encrypted digital currency in the form of P2P, and its biggest feature is that it does not need to rely on traditional specific institutions to operate and issue. This means that basically no one can manipulate the market by making a lot of bitcoin
secondly, the number of bitcoin is limited, with the characteristics of scarcity . This is consistent with the earlier investment proct gold, so bitcoin is also known as digital gold. Moreover, the total number of bitcoins is only 21 million
finally, in the past 2020, the total money supply of the world's 12 largest economies, including China, has sharply increased to US $94.8 trillion; However, with the release of global currency, inflation has become increasingly serious, more and more people choose to concentrate their wealth in the bitcoin market, which leads to the arrival of a bull market
players who want to enter the digital currency market should be cautious
digital currency contains huge risks, and a sharp rise also corresponds to a sharp fall. Moreover, the above loose monetary policy can not be sustained all the time. In particular, now that we have entered the post epidemic era and the global economy is fully recovering, it is difficult to predict how monetary policy will change in the future
therefore, we should remind you that bitcoin not only contains huge profits, but also faces a crisis that can not be ignored. Players who want to enter the game still need to be cautious and operate rationally
Bitcoin prices plummeted in the early morning, falling nearly $33 in four hours. The reasons for the decline are as follows:
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bitcoin, as an emerging instry, is loved by many people. The financial attributes of bitcoin blockchain can change the future of the Internet, which makes a lot of speculative funds start to speculate compared with bitcoin. After the speculation, they may face great risks. The price of bitcoin plummeted in the early morning, and fell nearly $33 in four hours. The reason for the decline is that the valuation is too high. The market has been panicked. A digital currency can be worth more than 300000 yuan. This is something that many people can't imagine. The key is that such a virtual currency has not been recognized by any government. After the speculation of investment funds, it has been out of business, No one is willing to take over at a high level, which is the main reason for the decline
(3) bitcoin's rise is too big, and its profit is huge. There is a lot of selling pressure.recently, bitcoin led virtual currencies have seen a large-scale rise, which makes a lot of speculative funds make huge profits. At this time, they will sell bitcoin if they want to cash in their profits. If the selling is too big, someone will lower the price, This led to the fall of bitcoin, which led to panic