Haoge

Speculation about why bitcoin is rising

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT


1. The default us stock market correction has ended, the risk is low, so the currency circle began to pull, a wave of trend prices
2. Crack down on Russia's currency, which is likely to be paid for by Bitcoin if Russia wants to trade with other countries
3. The currency circle has been actively donating money to Ukraine recently. Originally, Ukraine's bitcoin holdings were among the top five in the world
Coming back to the second point, this is a bigger opportunity for a strong yuan. Russia and China are working very well together, and China is actively organizing its own new Silk Road, which could serve as a conduit for Russian and European transactions.
Finally said the currency, the current market value is too low, that's less than $one trillion, buying also is not strong, the assets are gathered in the hands of individual, country a large number of buying as a safe-haven demand apparently irrational, but gold and crude oil two gold Lord is on high, if choose three COINS still fall in the wind, the currency only on their own accumulated retail volume step by step, By the time it really gets to the billions of active levels, it may be that everything that comes will come.
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