BTC price in March 2020
Publish: 2021-03-27 16:42:12
1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. On January 8, 2021, the price of bitcoin exceeded $40000
warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
the above explanation is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: January 12, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
the above explanation is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: January 12, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. There are two reasons why the stock price will fall even if there is a large amount of capital inflow: This is closely related to the nature and direction of capital inflow
1
the main force is not equal to "banker". Some institutions are the main force, but they seldom do business
for example, public funds, some QFII and some securities companies are the main force to buy a stock. They are optimistic about the long-term investment value of a stock, and they will not move for one or two or even three or five years after they buy it. Of course, when the capital flows in, the stock price may rise for a short time, but not too much. After the main buying, e to the decline of trading volume, plus some retail investors and short-term hot money, they do not like the stocks with public fund positions, and sell stocks one after another, which will cause a short-term decline in the stock price
2. It depends on what to do after the main capital flows in
first of all, we should pay attention to one problem: institutions will not absorb chips when the stock price is high (that is, inject funds), but will only absorb chips when the stock price is low or volatile. Since it is the main force, it is impossible to raise funds only once, and it is often possible to raise funds two or three times or even more
because of the large amount of main funds, it needs a lot of chips. It is impossible to build the warehouse in one or two days, but it needs a long-term process. Short two or three months, long half a year or even a year
while the main force is unlikely to attract funds at a high position, ring the main force's position building period, although there is a continuous inflow of funds, in order to ensure that the main force can absorb enough chips at a low position, the main force will continuously suppress the stock price in the process of absorbing, so as to absorb chips at a lower price. In addition, even if the main fund-raising is completed, it will also take the way of washing up, washing out some weak willed follow suit retail investors. This is the fundamental reason why, seeing the inflow of major capital, the stock price has fallen instead
extended data:
capital inflow is more appropriate to say "buying up capital volume", and capital outflow is "selling down capital volume"
for example
for example, Guizhou Maotai trades four hours a day, totaling 240 minutes (random number). In these 240 minutes, the time for the stock price to fall is 100 minutes, the time for the stock price to rise is 80 minutes, and the time for the stock price not to rise or fall is 60 minutes
add up the trading volume in the falling 100 minutes, that is the capital outflow; Add up the turnover in the 80 minutes of the rise to the inflow of funds
don't throw away the 60 minutes without going up or down. Subtract the outflow and inflow of funds from each other, and the large amount represents the outflow or inflow of funds on that day.
1
the main force is not equal to "banker". Some institutions are the main force, but they seldom do business
for example, public funds, some QFII and some securities companies are the main force to buy a stock. They are optimistic about the long-term investment value of a stock, and they will not move for one or two or even three or five years after they buy it. Of course, when the capital flows in, the stock price may rise for a short time, but not too much. After the main buying, e to the decline of trading volume, plus some retail investors and short-term hot money, they do not like the stocks with public fund positions, and sell stocks one after another, which will cause a short-term decline in the stock price
2. It depends on what to do after the main capital flows in
first of all, we should pay attention to one problem: institutions will not absorb chips when the stock price is high (that is, inject funds), but will only absorb chips when the stock price is low or volatile. Since it is the main force, it is impossible to raise funds only once, and it is often possible to raise funds two or three times or even more
because of the large amount of main funds, it needs a lot of chips. It is impossible to build the warehouse in one or two days, but it needs a long-term process. Short two or three months, long half a year or even a year
while the main force is unlikely to attract funds at a high position, ring the main force's position building period, although there is a continuous inflow of funds, in order to ensure that the main force can absorb enough chips at a low position, the main force will continuously suppress the stock price in the process of absorbing, so as to absorb chips at a lower price. In addition, even if the main fund-raising is completed, it will also take the way of washing up, washing out some weak willed follow suit retail investors. This is the fundamental reason why, seeing the inflow of major capital, the stock price has fallen instead
extended data:
capital inflow is more appropriate to say "buying up capital volume", and capital outflow is "selling down capital volume"
for example
for example, Guizhou Maotai trades four hours a day, totaling 240 minutes (random number). In these 240 minutes, the time for the stock price to fall is 100 minutes, the time for the stock price to rise is 80 minutes, and the time for the stock price not to rise or fall is 60 minutes
add up the trading volume in the falling 100 minutes, that is the capital outflow; Add up the turnover in the 80 minutes of the rise to the inflow of funds
don't throw away the 60 minutes without going up or down. Subtract the outflow and inflow of funds from each other, and the large amount represents the outflow or inflow of funds on that day.
3. Bitcoin is a virtual currency with a total number of only 21 million. In 2014, the opening price of bitcoin was about 3562.41 yuan; On the second day of 2021, the bitstamp platform showed that the price of bitcoin broke the $30000 mark, that is, the price of a single bitcoin was about 220000 yuan, with a total market value of $560 billion. It can be seen that the market price of bitcoin fluctuates greatly, and the price of bitcoin is easily affected by news events, policies, market demand and other factors, so please invest carefully
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
response time: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
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
response time: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
4. In January 2017, the lowest price of bitcoin was $796
in December 2017, the highest price of bitcoin was US $19798
in 2018, the lowest price of bitcoin is $3155
in 2018, the highest price of bitcoin was US $17157
in 2019, the lowest price of bitcoin is US $3353
in 2019, the highest price of bitcoin will be $13968
by 2020, the lowest price of bitcoin is US $3800
so far in 2020, the highest price of bitcoin is US $35000
from the above data, it can be clearly seen that bitcoin has fluctuated a lot over the years
historically, it has been rising. In the long run, I think bitcoin is worth investing
in December 2017, the highest price of bitcoin was US $19798
in 2018, the lowest price of bitcoin is $3155
in 2018, the highest price of bitcoin was US $17157
in 2019, the lowest price of bitcoin is US $3353
in 2019, the highest price of bitcoin will be $13968
by 2020, the lowest price of bitcoin is US $3800
so far in 2020, the highest price of bitcoin is US $35000
from the above data, it can be clearly seen that bitcoin has fluctuated a lot over the years
historically, it has been rising. In the long run, I think bitcoin is worth investing
5. The highest price of bitcoin was in November 2013, when the price of bitcoin soared to 8000 yuan and that of foreign bitcoin soared to 1200 US dollars. Since the issue of the central bank's 12.5 notice in 2013, bitcoin has entered a long-term downturn
6. Bitcoin has been experiencing a lot of volatility, which worries traders and investors. But according to market experts, it's just a matter of time before bitcoin reappears. Bitcoin is still the only cryptocurrency that has received worldwide attention, recognition and adoption. It has been accepted by organizations and payment gateways around the world, and even new milestones are being achieved. For example, bitcoin's hash rate has reached a record high of 6.2 billion trillion< Let's take a look at the famous bitcoin forecast:
1 Tom Lee bitcoin price forecast
former chief stock strategist JP Morgan, co-founder and research director of fundstrat Tom Lee believes that the break even cost of mining a BTC is directly related to the price of cryptocurrency. He believes that BTC will grow as he expects more institutional investors to adopt bitcoin and the user base of bitcoin to grow steadily. In a recent interview, he said that bitcoin could bring 100% return to investors in 2020 after the expected halving of bitcoin in May 2020
2 Fran strajnar bitcoin price forecast
Fran strajnar put forward a very optimistic forecast that BTC may reach US $200000 by January 2020. He believes that the adoption rate is directly proportional to the price rise. The higher the adoption rate, the more the value increases<
3 bby Lee bitcoin price forecast
Bob Lee, CEO of BTCC, China's first exchange, once said that bitcoin will take 20 years to reach $1 million. Now his prediction has completely changed. Bob Lee, the co-founder of BTCC (Hong Kong bitcoin exchange), and Charlie Lee, the brother of lightcoin, gave extremely optimistic predictions, but they began to be bearish. He claimed that bitcoin could start to recover from the end of 2020, reach $333000 by 2021, and then drop to $41000 by 2023. He repeatedly pointed out that the market capital may reach $7 trillion, which may exceed the market value of gold. He even mentioned that bitcoin will lead to price stability and global liquidity in the next few years
4 John McAfee bitcoin price forecast
John McAfee has always been one of the stagnant bitcoin enthusiasts, and he puts forward his own forecast from time to time. He has recently become more optimistic than ever, saying that bitcoin could reach $1 million by 2020. Other bitcoins such as Apollo and MTC are likely to rise 10 times as much as BTC enthusiasts. He recently said that his past forecast of $1 million for bitcoin was just a trick
McAfee predicts that 10 years from now, "there will be no legal tender in the world, everything will become cryptocurrency."< 5 Tim Draper bitcoin price forecast
Tim Draper is one of the famous venture capitalists. He predicts that bitcoin will occupy 5% of the money market by 2023. He is optimistic that the price of bitcoin could rise by $250000 by 2023
our forecast:
2020 bitcoin price forecast: will bitcoin rise
bitcoin has been doing well, and recently it has started a bull market. This shocked the market. Now, traders and investors are in a state where they are trying to make the most of the bull market. The more transactions, the higher the price. In addition, we know that bitcoin is scarce in circulation, that is, only 21 million bitcoins can be mined, of which 17 million have been mined, which means that only 4 million will be mined, which will make it more valuable
in addition, some countries such as the United States, Japan and South Korea have shown great willingness to integrate bitcoin and other cryptocurrencies into their financial systems by establishing a regulated market that can operate freely and safely. By the end of 2020, the price of bitcoin will reach $23499
bitcoin price forecast 2022
by 2022, bitcoin may have an unexpected growth, and the adoption rate will increase by two times. Bitcoin may be accepted as the most feasible payment system by the public all over the world, and there is no trouble. In any case, bitcoin is not out of reach until it becomes the sweet spot of legal tender, and most developed countries are likely to see changes faster than other currencies. By 2022, given steady progress, bitcoin could reach $32000
bitcoin price forecast 2025
bitcoin price forecast shows that through five years of investment, bitcoin price will maintain 385.450281% of BTC price value for a long time. This means that in 2025, the price of bitcoin is expected to reach $50044.6 Bitcoin's future forecast)
bitcoin may reach the $50000 mark in 2025, which may push the encryption market to a completely different height. According to the prediction and analysis, bitcoin is ranked first without any competitors. Graally, bitcoin is likely to be seen more as a store of value, as well as an alternative currency. There are some bitcoin price forecasting tools that can help experts get the data. As encryption enthusiasts like John McAfee predicted, legal tender could be replaced by bitcoin
by 2025, bitcoin may be used more frequently by more people, that is, real-time use cases will increase, which will make it more powerful.
1 Tom Lee bitcoin price forecast
former chief stock strategist JP Morgan, co-founder and research director of fundstrat Tom Lee believes that the break even cost of mining a BTC is directly related to the price of cryptocurrency. He believes that BTC will grow as he expects more institutional investors to adopt bitcoin and the user base of bitcoin to grow steadily. In a recent interview, he said that bitcoin could bring 100% return to investors in 2020 after the expected halving of bitcoin in May 2020
2 Fran strajnar bitcoin price forecast
Fran strajnar put forward a very optimistic forecast that BTC may reach US $200000 by January 2020. He believes that the adoption rate is directly proportional to the price rise. The higher the adoption rate, the more the value increases<
3 bby Lee bitcoin price forecast
Bob Lee, CEO of BTCC, China's first exchange, once said that bitcoin will take 20 years to reach $1 million. Now his prediction has completely changed. Bob Lee, the co-founder of BTCC (Hong Kong bitcoin exchange), and Charlie Lee, the brother of lightcoin, gave extremely optimistic predictions, but they began to be bearish. He claimed that bitcoin could start to recover from the end of 2020, reach $333000 by 2021, and then drop to $41000 by 2023. He repeatedly pointed out that the market capital may reach $7 trillion, which may exceed the market value of gold. He even mentioned that bitcoin will lead to price stability and global liquidity in the next few years
4 John McAfee bitcoin price forecast
John McAfee has always been one of the stagnant bitcoin enthusiasts, and he puts forward his own forecast from time to time. He has recently become more optimistic than ever, saying that bitcoin could reach $1 million by 2020. Other bitcoins such as Apollo and MTC are likely to rise 10 times as much as BTC enthusiasts. He recently said that his past forecast of $1 million for bitcoin was just a trick
McAfee predicts that 10 years from now, "there will be no legal tender in the world, everything will become cryptocurrency."< 5 Tim Draper bitcoin price forecast
Tim Draper is one of the famous venture capitalists. He predicts that bitcoin will occupy 5% of the money market by 2023. He is optimistic that the price of bitcoin could rise by $250000 by 2023
our forecast:
2020 bitcoin price forecast: will bitcoin rise
bitcoin has been doing well, and recently it has started a bull market. This shocked the market. Now, traders and investors are in a state where they are trying to make the most of the bull market. The more transactions, the higher the price. In addition, we know that bitcoin is scarce in circulation, that is, only 21 million bitcoins can be mined, of which 17 million have been mined, which means that only 4 million will be mined, which will make it more valuable
in addition, some countries such as the United States, Japan and South Korea have shown great willingness to integrate bitcoin and other cryptocurrencies into their financial systems by establishing a regulated market that can operate freely and safely. By the end of 2020, the price of bitcoin will reach $23499
bitcoin price forecast 2022
by 2022, bitcoin may have an unexpected growth, and the adoption rate will increase by two times. Bitcoin may be accepted as the most feasible payment system by the public all over the world, and there is no trouble. In any case, bitcoin is not out of reach until it becomes the sweet spot of legal tender, and most developed countries are likely to see changes faster than other currencies. By 2022, given steady progress, bitcoin could reach $32000
bitcoin price forecast 2025
bitcoin price forecast shows that through five years of investment, bitcoin price will maintain 385.450281% of BTC price value for a long time. This means that in 2025, the price of bitcoin is expected to reach $50044.6 Bitcoin's future forecast)
bitcoin may reach the $50000 mark in 2025, which may push the encryption market to a completely different height. According to the prediction and analysis, bitcoin is ranked first without any competitors. Graally, bitcoin is likely to be seen more as a store of value, as well as an alternative currency. There are some bitcoin price forecasting tools that can help experts get the data. As encryption enthusiasts like John McAfee predicted, legal tender could be replaced by bitcoin
by 2025, bitcoin may be used more frequently by more people, that is, real-time use cases will increase, which will make it more powerful.
7. Bitcoin's market in the past three months is generally characterized by continuous external good news, which I am not affected by. The whole bitcoin instry is in a downturn
among them, bitcoin may rise or fall by a small margin, but not by a large margin. Of course, it once broke through the line of defense of 2000 yuan, but then it broke through 2000 yuan, hovering around 2000 yuan. Since the evening of November 12, the price of bitcoin has been soaring all the way to around 2800. At present, it is hovering at this stage. Bitcoin may soar all the way last year, but the current trend is not obvious. We're still waiting
I suggest you go to bitcoin house to see the latest information.
among them, bitcoin may rise or fall by a small margin, but not by a large margin. Of course, it once broke through the line of defense of 2000 yuan, but then it broke through 2000 yuan, hovering around 2000 yuan. Since the evening of November 12, the price of bitcoin has been soaring all the way to around 2800. At present, it is hovering at this stage. Bitcoin may soar all the way last year, but the current trend is not obvious. We're still waiting
I suggest you go to bitcoin house to see the latest information.
8. The next bull market should start in the second half of 2021
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.
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.
9.
According to plan B's model, after halving in 2020, the market value of bitcoin will reach $1 trillion, in other words, the price of each bitcoin will be $55000
Plan B, a famous encryption analyst, uses his S2F model to show the impact of bitcoin halving on the price. At present, bitcoin's S2F is 25, but it will halve to 50 in a few months, which is closer to the value of gold inventory flow
the parabola super rising trend model of bitcoin is closely related to the inventory flow analysis model of plan B. Although many investors are opposed to the idea of a parabolic rise, since Marti Malmi sold the first bitcoin in legal tender in 2009, bitcoin has grown by 2232111011.11% and reached an all-time high of $20000 in 2017< br />
10. 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.
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.
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