Is it understood as a precursor to zero or the end of the counterfeit currency? Will the future market be more rational?
As for the bitcoin crash, the seven brothers continue to believe that one thing to look at in many ways, let's start with the speculative behavior of bitby itself.
speculation
First of all to qualitative currency speculation is certainly not right not comprehensive, but this behavior, the theory of single speculation has rise and fall is every speculator must face the problem, now the ability of the slump in the currency this jump... I'm sure you can see that. By the way, if you had the guts to add a few dozen times leverage all in, you might have a winner tomorrow, but some people think it's going to be the end of the day.
Ok, let's see how much bitcoin has fallen. By the time the article was written, seven people thought that bitcoin was still much higher than its lowest point.
According to bitcoin, which is already a speculative/investing activity, the daily horror stories are sure.
But from a purely speculative point of view, let's not talk about technical problems more, talk about courage.
As an old saying goes, history is a guide. Let's look at historical data.
As a result, in the past, bitcoin has been hit by a boom after every slump. So do we have to hurry up and wait for the next big jump? Calm down, what did the seven brothers say? Everything has to be looked at from multiple angles.
External conditions
From an external point of view, the collapse has something to do with Chinese regulation. If the main speculative mode of the domestic digital currency would be cut off, it would be too beautiful to look at.
Check out some news.
Following the halt ICO, shut off the domestic digital currency exchange, ban after the "dig" and a series of tough measures, China's regulators with "ultimate" power: full crackdown involving digital currency of centralized trading of individuals and institutions. The main speculative mode of domestic digital currency will be banned completely!
China will step up its efforts to crack down on digital currency, and has targeted websites and mobile applications that offer similar encrypted currency trading services. The regulator plans to block access to Chinese and overseas platforms (websites and apps) that allow centralized transactions to be encrypted, and to block access to domestic users, bloomberg said, citing people familiar with the matter.
People familiar with the matter said, China plans to encrypt, including COINS, currency otc transactions to hit, hit objects including provide place for otc transactions and platform, to provide clearing and settlement service providers for such transactions, as well as the concentration of market maker trading service individuals and institutions. In addition, China is looking into the presence of commercial entities in China that have centralized transactions in encrypted currencies. Small off-exchange transactions between individuals and individuals (P2P) are not currently under the ban.
Have to notice is that plunged along with recent flying all sorts of bad news, including the flying today so-called deputy governor of the bank advised not to domestic trading virtual currency internal speech is also a few months before the news, some people are deliberately panic? This is a question to consider.
From these fake news can have several out of domestic a gleam of media, if someone is deliberately panic, that this time this is not a general dasso, because now you can see the drop with no signs of a rebound is strange. Often encounter significant negative, there will be a wave of big fluctuation, because the banker shipment and large will be too late to yank a wave, cut continue to chase after go up a wave of Chinese chives and then continue to fall, they received more cheap chip, which is common callback, crash with big callback, this time no big callback also shows a problem, that is to say, banker didn't shipment, but constantly absorbs goods, probably a few generous unite to harvest the leek cheap chips.
Speaking of this, we have been around here, and it is important to have some self-thinking ability. Please trust your own judgment.
Seven elder brother advice
Seven elder brother thinks, look at present situation, at present the big probability is not bottom, suggest slightly reduce hold.
In the history of bitcoin, this is a common occurrence, and it is only a matter of time before the bounce is certain.
The current policy is undeniably limited to capital entry, and subsequent rallies may be slow and take longer.
In the end, even if there are no COINS, there will be other gimmicks. The weakness of the whole market is doomed to be an endless stream of speculation. But as long as active, have a keen sense of smell. To speculate, there are different ways to play at any time.
I wish you all a very good fortune in 2018.
