Bitcoin market Analysis

Bitcoin market Analysis

The bitcoin price has dropped from around 8000 to 3800, and then it has been drawn back and then touched 10,000 points. It has dropped to about 9000–10000 points and hovered.

The bitcoin market in the first half of this year was a bit speechless. On the whole, there are ups and downs. The bitcoin price has dropped from around 8000 to 3800, and then it has been drawn back and then touched 10,000 points. It has dropped to about 9000–10000 points and hovered. The market situation is unthinkable. Many people are very depressed this year. Why do everyone say that Bitcoin will hit the 20,000 mark after hitting 10,000 points? Everyone is optimistic about this market, but it is not going well. The reason is tangled, how to say, it is very complicated, let’s sort it out.

First of all, although Bitcoin has a certain degree of hedging and hedging, there is an important issue: the official will not be used as a value reserve because of the existence of Bitcoin. At least at present, the central bank rarely makes Bitcoin reserves. Not only Bitcoin, but all digital currencies are not favored by the authorities. You may say that gold is also a “commodity attribute”, and bitcoin is not a “commodity attribute”. Why can gold be stored by the central bank, but bitcoin is not stored by the central bank? It’s simple: the current blockchain security performance is completely unable to meet the storage requirements of the central bank, and the stability of the blockchain network is far less than gold.

What I said is valid. Security, for example, an An account is frequently stolen. Okay, this question is perfectly explained. Uh uh

bitcoin cryptocurrency crypto ethereum data analysis

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