记住312：币圈的教训

#Tomorrow will be 312! There are still many newbies in the currency circle who don’t know what the currency circle 3.12 means. I’ll give you some knowledge here! The Bitcoin 312 event was at 6 pm on March 12, 2020, when Bitcoin began to fall rapidly from nearly $8,000 to around $6,000 until it fell below $6,000. On the morning of the 13th, the price of Bitcoin continued to fall, with some trading platforms dropping to $4,000: On the afternoon of the 13th, the price of Bitcoin fluctuated around $5,000!

One day in the currency circle lasts several years in the world. On the eve of March 12, 2020, affected by the epidemic, the entire financial market was in the midst of a collapse of confidence. U.S. stocks, crude oil, A-shares, and commodities all collapsed. Global stock markets plummeted, with Nasdaq technology stocks, emerging market currencies, Bitcoin, gold, and commodities all falling in resonance.

Global financial markets were hit hard after global stock markets fell on March 12, 2020, with cryptocurrencies plummeting by about 45% on Friday morning, March 14. The entire cryptocurrency market has plummeted in value by approximately $93.5 billion, with Bitcoin losing 48% in 24 hours.

This market turmoil has exposed many problems. The most serious one is the liquidity problem of Bitcoin, followed by the platform performance touted by many trading platforms. In fact, most platforms are more or less unstable in the face of actual crises. These problems caused further obstruction of Bitcoin liquidity channels, intensified market fear, and caused prices to continue to fall. 312 has passed, don’t worry about it. The currency circle is not about chasing a sword, and the currency circle is not about repeating the past market trends. Just treat it as a past tense. The most important thing is to grasp the present moment! #BTC

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