Bitcoin price forecast for February 2020

1. bitcoin's price exceeded US $15000, the highest level since January 2018. Meanwhile, global technology stocks and bond markets also expanded their gains. However, the price of bitcoin soared to more than $20000 in December 2017 and plummeted by 50% the following month. The trend of bitcoin is not clear, and it is difficult for investors to profit from it. Therefore, there are various new trading modes of virtual currency on Mr. optionmr options platform, which only judge the rise and fall, and have nothing to do with the range of rise and fall, and can make profits in the shortest 30 seconds. This is also a popular mode at present.

2. In the long run, the price of bitcoin is still low. With the increasing demand of bitcoin in the mainstream society and the limited total amount, its price will be higher and higher. Therefore, it is suggested to invest a little spare money. Maybe it will be a sum of money that can provide for the aged when you retire. Buying bitcoin is also very convenient, as long as you choose a regular big exchange. Never go to a small exchange. It's easy to go out of business in a bear market. At present, domestic users mainly use okex exchange, and the reputation and security are recognized by insiders.

3.

According to Nakamoto's plan, bitcoin will be halved for the third time around May next year

before and after the previous halving, the price has changed significantly

9. In the long run, the current price of bitcoin is still at a low level. With the increasing demand for bitcoin from investors in the world and the limited total amount of bitcoin, its price will also be higher and higher. Therefore, it is suggested that if there is spare money, you can invest a little. Maybe after retirement, it will be a sum of money for the elderly

from the moment bitcoin proced value to the sky high price of nearly $20000 gold, bitcoin rose by tens of thousands of times ring this period, which also created a lot of people's freedom of wealth. Most investors love and hate bitcoin. They love speculative property, and they have no limit to the rise and fall. They hate to be unable to analyze the market and make profits in the market

so why is it still suitable to buy bitcoin in 2020

1. The third proction rection

in May, bitcoin reced its proction for the third time. Under the hype of the proction rection market, the third proction rection of bitcoin brought confidence to most investors in the market, but the price did not change significantly

judging from the market, bitcoin is leading the rise of other financial procts under the same conditions. It dropped to $3800 in March, and then rose all the way to about $10000, walking out of the V-shaped reversal

the V-shaped reversal is not easy. After all, the previous market had to be sorted out for several months before going up. This also illustrates the purchasing power of bitcoin in the market

moreover, after halving, the amount of bitcoin g up by the miners has graally decreased. In addition to the lost bitcoin, there are not many bitcoins in circulation in the market, and the bitcoin market is a market brought about by demand. With many external factors, many investors want to use bitcoin for risk hedging, and the liquidity of the market is expanding step by step<

2. Institutions bought a lot

after halving, gray alone increased its holdings of 18910 bitcoins, while after halving, the miners only mined 12337 bitcoins, indicating that the number of gray holdings increased was 150% of the total mining amount of miners in the same period

in addition to institutions, some celebrities have also publicly expressed their desire to buy bitcoin. For example, the author of "poor dad, rich dad" tweeted the reason why he wanted to invest in bitcoin. Before that, he repeatedly said that with the continuous release of water from the Federal Reserve, bitcoin may become a good hedging tool to deal with the current financial crisis

with the entry of specialized institutional teams, bitcoin has been known by more and more people, and its value has also been understood by more and more people< 3. Bitcoin leads the global financial asset growth

the secondary market of bitcoin is huge, with the number of new addresses and active addresses increasing every day. There are many people who know about bitcoin but don't enter the market

the massive entry of foreign institutions leads to the concentration of some chips. In this process, it is not only the transfer of chips, but also the transfer of price rights.