Bitcoin has enjoyed a meteoric rise in popularity, with scarcity driving the price to all-time highs. This is where things start to get murky for Bitcoin holders; it’s not clear what percentage of coins will be available when this event does happen. There are lots of different opinions on how many BTCs can exist and why they’re valuable – but there’s one thing that everyone agrees upon: right now isn’t a good time to buy BTC!
The “cryptocurrency research paper 2021” is an article written by a researcher that predicts how the cryptocurrency market will change in 2021. It outlines what might happen to the price of Bitcoin, and what it means for traders.
Bitcoin Couldn’t Be Beaten by Geopolitical Tensions: Now is the Time to Trade BTC
Facts to remember:
Investors have retained their money in bitcoin despite the early December slump.
A study of 83,489 community members conducted by CoinMarketCap expects a 15% increase in the price of Bitcoin.
The recent geopolitical issues have had an impact on the cryptocurrency market. Various financial markets are still feeling the heat as the situation between Ukraine and Russia continues. Liquidations have been noticeable, resulting in lower asset values. The present environment, however, does not deter all investors. Bitcoin’s price jumped from $38,500 to $41,800 in 6 hours on March 9, an increase of 8.5 percent. Investors still have faith in the crypto sector, as seen by the incoming volumes.
Cryptocurrency funds have had their highest weekly inflows since December.
According to CoinShares statistics, crypto asset investment products received $127 million in total inflows in the week ending March 6. It was the most influx in a single week since December 12, 2021. The rise was also much greater than the previous week’s inflows of $36 million.
It demonstrates that investors continue to have trust in bitcoin. Despite the early December slump, investors have consistently shown that their money is still in bitcoin, as seen by last week’s inflows.
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What can BTC be expected to deliver?
Despite the fact that the original cryptocurrency has been on a rough path for some days, CoinMarketCap, which has an accuracy rate of 82 percent, predicts the commodity will gain more than 15% from its present price to trade at $48.15 on June 31. The goal price is determined by the votes of 83,489 members.
How may volatility be used to your advantage?
Despite the positive outlook, the Bitcoin market will remain turbulent for the foreseeable future. Volatility may be a great instrument for profit if you use the right investing approach.
BTC futures trading enables traders to go long or short BTC, so long as their forecasts are true, they may profit. Spot traders, on the other hand, only earn when the price of bitcoin increases. Traders may also borrow leverage from exchanges to boost their buying power, allowing them to quadruple their earnings.
For example, a trader with Bexplus 100x leverage initiates a long position of 100 BTC at the price of USD 40,000. The price then rises to $45,000. As a consequence, he will earn ($45,000 – $40,000) * 100 BTC / $45,000 = 11 BTC, despite the fact that the margin he requires is just 1 BTC.
On BTC, ETH, DOGE, ADA, and XRP futures contracts, Bexplus provides 100x leverage. Over 1 million traders trust Bexplus, including those in the United States, Japan, Korea, and Iran. Traders may obtain the most attentive services, including 24/7 customer support, with no KYC or deposit cost.
With a balance of 10 BTC, you may test the waters.
Bexplus is one of the few exchanges that provides a free demo account that leads you through the exchange’s trading rules and widgets. Traders may use the 10 BTC on the sample account to practice and test methods as often as they desire.
BTC wallet: earn up to 21% yearly interest with no risk.
Users of Bexplus may benefit from more than just trading. Join Bexplus wallet to earn up to 21% annualized interest without taking any risks. It is unquestionably one of the most lucrative rates in the market, with annual interest rates as high as 21%.
swapping clones
With Bexplus swapping clones, you can automatically copy the trades of other great traders. It can be a really valuable portfolio for those just starting out in trading or those who don’t want to spend a huge amount of time managing their trades.
Trade freely on Android & iOS
The top-tier Bexplus software combines all of the required features and tools (real-time charts, a range of indicators, news alerts, and so on) with a clean and easy layout. You may manage your account from anywhere and at any time with the Bexplus app. Furthermore, receiving notifications 24 hours a day, seven days a week might keep you informed of major price changes, making it simpler to protect your holdings.
Make a deposit to get a 100% BTC bonus.
You can get a 100% BTC bonus if you deposit BTC into your Bexplus account, which you may use to trade futures contracts. Furthermore, having higher buffers reduces the risk of forced liquidation. The more money you put in, the more bonuses you’ll get. Each deposit may be worth up to 10 BTC. (Bonuses cannot be withdrawn; however, profits generated by the bonus may be withdrawn.)
To obtain your 100 percent deposit bonus, go here to join up.
If you have any further questions, please join the Bexplus official Discord or Telegram channel, contact admin, or contact 24-hour customer care.
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Bitcoin has been on a tear lately, and the price is continuing to climb. However, there are some geopolitical tensions that could cause the price of bitcoin to fall. Now is the time to trade BTC. Reference: bitcoin price usd.
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