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December 26, 2017, 07:21:30 AM |
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Bitcoin has recently accelerated its decline and once tested key support. On the 22 day of December, bitcoin created a 3 - week low on the 10775.92 line, but in December 25th, the Asian market quickly pulled to the 14000 line. Current market exchange and investment in the 13900 line near the narrow amplitude concussion.
Although bitcoin has been regarded as a bubble in recent years, some analysts even believe that bitcoin is a potential threat that will bring the world into the financial crisis again. Although it is not ruled out that the current bitcoin market will face further adjustment, bitcoin is far from the impact on global finance. The market value of main encryption currencies is relatively small, and at the same time, it is deleveraging and there is no associated liabilities, which makes the encrypted money market highly competitive. Now, of course, the situation has changed. In December 2017, bitcoin was the first to enter the public view as a collateral for debt transactions.
As 2017 draws to a close, the 2018 bitcoin will have new changes and face new challenges on the basis of the existing framework.
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