On March 1 day, according to the US Consumer News and Business Channel, an American financial website, Tom Lee, an expert on Wall Street issues and founder of the securities research company Fundstrat, said that the price of Bitcoin is expected to double in the middle of this year, reaching 20,000 US dollars (cured 654.38+0.3 million yuan); By the end of this year, the price of Bitcoin can hit 25,000 US dollars (about 6,543.8+0.6 million yuan).

Lee also pointed out that the low price of Bitcoin usually occurs in the first two months of this year. This has been the case in six of the past seven years.

On Wednesday morning local time, the transaction price of Bitcoin was close to 10450 USD, which rose by about 2.9% in February, but it has dropped by nearly 2 1% this year.

The cryptocurrency with the largest market value in the world has fallen sharply from the high point of 19000 USD in mid-February last year, for fear of severe attacks by regulators in various countries.

In the past few weeks, the price of Bitcoin fell below $6,000, the lowest level since 1 1 last year, and then rebounded.

According to CoinMarketCap's data, except bitcoin, the market value of all cryptocurrencies has dropped to about $270 billion from the high point of 10/$0/billion at the beginning of October. The recent headlines about large companies entering the cryptocurrency field have also contributed to the price increase.