Could bitcoin fall back to 20000
I think the price trend of bitcoin is still very weak in the future. Bitcoin has been sold by many people now. In this mood, more people will sell it. In the process of most people selling bitcoin, the price will keep falling
friends who pay close attention to the price trend of bitcoin have found that the price of bitcoin has fallen below $30000, and the downward trend of bitcoin has not ended. In the future, there are still great risks. Many institutions in the market are actually bearish on the price of bitcoin. They think that the price of bitcoin will continue to fall in the future. Some even predict that the price of bitcoin will fall below $20000
First, the bearish sentiment in the market is relatively strongthe game in the capital market is actually very obvious. In the current bitcoin market, most investors have no information about the price rise of bitcoin and turn to bearish on the price of bitcoin. The sentiment in the market is very strong, and this sentiment is negative, Negative emotions will have a very important impact on the continued price decline of the special currency in the future{ RRRRR}
through the analysis of the above three aspects, I think the price of bitcoin will continue to fall in the future. In fact, bitcoin is a special asset in this market. many countries do not recognize the value of bitcoin, but the speculation on the price of bitcoin still exists in the international community. Since the price of bitcoin has been falling continuously, this trend will continue for some time
there are many unsuccessful currencies in history, such as the Deutschmark in the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were usually e to over inflation that could not happen on bitcoin, there were always potential technical errors, currency competition and political problems. The basic lesson is that no currency can be considered absolutely safe from failure or difficult times. Bitcoin has been proven reliable for several years since its birth, and it has great potential to continue to grow. But no one can predict the future of bitcoin< The rapid rise in price of BR />
does not constitute a bubble. Artificial overestimation will lead to a sudden downward revision, which will form a bubble. The price fluctuation of bitcoin caused by the indivial behavior of thousands of market participants is the result of the market determining the price. From the emotional point of view, the reasons for price changes include: the loss of confidence in bitcoin, the huge difference between price and value not based on the fundamentals of bitcoin economy, more and more news reports stimulating speculative demand, fear of uncertainty, and outdated irrational prosperity and greed.
bitcoin will rebound, but not now
many people always think that bitcoin is just a virtual currency, which is similar to what we call game currency. This idea is very wrong. The reason why bitcoin has its own value is that most people especially recognize bitcoin. We all know that it is very difficult to obtain bitcoin, And everyone needs professional equipment to dig on the network, which is where bitcoin is valuable
the total amount of bitcoin is very limited, so most of the bitcoins in circulation in the market are mined before. Every time the price of bitcoin is low, a large number of people will come out and buy them in their own hands
I hope you can be careful when buying bitcoin. If you don't know anything about digital currency, don't go into this muddy water
if you hold one bitcoin, you will lose $5000
if you hold one bitcoin and buy a put option, you will lose 0
if you only buy one put option, you will gain $5000
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