The latest news from bitcoin technical analysis today out that in the middle of this month, bitcoin prices once stood at a high of $20,000, but the strong momentum turned around this week. According to data from trading platforms such as Poloniex and Bitstamp, Bitcoin has continued to decline in recent days. Is Bitcoin already a past tense?
Is Bitcoin a scam?
As of yesterday's "Securities Daily" reporter's press release, bitcoin prices have fallen below 14,000 US dollars, oscillating around 13500 US dollars, has fallen by about 32.5% from this month's high. The two bitcoin futures markets that have recently launched are not optimistic.
As of the close of the US time on December 21, the Chicago Mercantile Exchange (CME) bitcoin futures closed down $1710 in January, with a settlement price of $15330. The Chicago Board Options Exchange (CBOE) bitcoin futures XBT January contract closed down 1410. USD, the settlement price is $15,290.
The bitcoin plunging is inseparable from the increasingly enthusiastic attitude of the outside world, but many professional organizations and people are worried about this. Yesterday, a company named Long Island Iced Tea surged due to the change of its name to Long Blockchain to blockchain technology. Today, there is still a 2.89% increase in bitcoin prices.
Bank of Japan Governor Haruhiko Kuroda said yesterday that Bitcoin is now unable to fulfill its normal payment function and is becoming a speculative tool.
What is the current price of Bitcoin?
Bitcoin prices have now dropped to $13048, and on Monday, the highest price stood at $19,511. Although the recent decline this week is obvious, the current price is still more than 1300% compared with the beginning of this year.
What do you think of today's blockchain bitcoin technology analysis?