What is the reason for the sudden stoppage of Bitcoin prices?

[Linda78]

What is the reason for the sudden stoppage of Bitcoin prices? If you know the reason why the price of Bitcoin increases based on what, please let us know. What will the price of Bitcoin be in 2021 and where will its position go in 2021?

[Paglamon]

I predict the price of Bitcoin will be $30k in 2021. So we need to make an observation of the 2021 market.

[Piku]

Bitcoin prices peaked in 2020. Currently in a good position. So it is expected to create a better position in 2021. The amount of investment is constantly increasing.

[Gokvane]

This extraordinary increase in the price of Bitcoin occurred because of the high interest of the public to own Bitcoin, so the market demand was quite high and people who wanted to sell Bitcoin set high prices.  The higher the public's interest in owning Bitcoin, the higher the price of Bitcoin later.

[cala9090]

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More about bitcoin price

If you are one of those people who have been watching the developments in the world of bitcoins, you probably know just how quickly and how dramatically the value of this virtual currency has changed. One day, it might be worth several hundred dollars, and by the end of the year, it could be worth a few thousand or even a few million dollars. As is the case with most currencies, however, the price of bitcoins will never reach the sky. This virtual currency, like every other virtual currency that has ever been created, will instead rise and fall in value rather than keeping a constant value. This process of fluctuation is what gives people so much excitement about this kind of currency - it allows for incredible gains to be made on the very short term as well as long term. If you have been considering whether or not to invest in bitcoins, the time is now to do so!There are several reasons why you should consider investing in the future of this exciting new technology. For instance, if you purchase a small amount of bitcoins when they are valued at less than one dollar, you can easily double or even triple the value of your investment in just a few months. The problem, of course, is that this kind of investment is known as a speculative trade. This means that you are putting a lot of money into something that may never make it to its targeted destination. However, if you do manage to purchase a small amount of bitcoins when they are valued at a little over one dollar, you can find yourself making a significant amount of money in no time at all.Another reason that you should consider buying some bitcoins is because they are something that are not only easy to acquire but easy to exchange as well. Unlike traditional currencies that must be bought and sold in certain locations, bitcoins can be traded almost anywhere that accepts credit cards. You can even use the internet to make the purchase, which will allow you to receive payment in a variety of ways including PayPal。 While the value of bitcoins may not fluctuate very dramatically, they are still considered very valuable by most people around the world. In fact, many people have made large sums of money trading them for short periods of time.