BTC bull market 30 times
according to the history of bitcoin, someone has made a correlation model between halving and price. According to this model, the next time bitcoin halves, the price will exceed $10000 or even $100000.
analysis of the conditions and reasons for the bull market from October to December in 2017:
1. The 94 policy led to a large number of shanzhais being taken off the shelves, resulting in the rection of currency compression and the concentration of funds
2. The stop of RMB recharge has enabled BTC and eth tokens to circulate substantially in the digital currency trading market
3. In the medium term, there are thousands of currencies incubating private placement, and there is a demand of 100 billion funds for tokens
4. The expectation and numbness caused by the lack of understanding of the value of blockchain
5. The understanding of the cruelty of financial transactions is simple, and the mode transformation from 2017 to 2018 is not understood (the spot price rises continuously, and the futures hedging price fluctuates)
6. The market lacks understanding of the financial financing (currency) routines of incubation, early bird and private placement (for example, the price of private placement has expanded 5-10 times or even dozens of times since incubation)
7. The derivatives of a large number of forked coins and candy promotion promoted the bull market
in May and June of the year 18, the public chain was hot, and the financiers cooperated with EOS's favorable main network and node election to pull the market as soon as possible, which drove the market mood and completed a calf
whether the future market is bull or not, brother Zhu thinks that September and October should digest part of the smashing market in July and August and be bullish. The rise of LBTC has little effect on it, and there is more than one LBTC rising fiercely from low to high
to sum up, LBTC is the initiator. It's right to say that the price will rise to 1000 yuan. It depends on the time. It's unlikely to rise in 19 years, but as an investment for the future, it's entirely possible for LBTC to rise to 1000 yuan.
The reason for the rise of bitcoin is that institutions and some big men are engaged in speculation. Moreover, the regulation of bitcoin is very unclear, and it usually rises and falls sharply, causing many speculators to enter
after the price of bitcoin exceeded $20000 in December last year, a large number of new investors began to pour in. Most obviously, compared with November, the market volume of bitcoin increased significantly in December; Secondly, the price of bitcoin began to rise sharply. In January, bitcoin rose from US $10000 to US $20000, from US $20000 to US $30000 in half a month, and from US $30000 to US $40000 in just one week. These signs indicate that the main investment forces in the market may undergo structural changes, and the former institutional investors may turn to small and medium-sized investors. Different market forces have great influence on market sentiment and price trend