In my opinion, the plunge in bitcoin prices is likely to make people lose their desire for some investments, because it will cause some financial panic, so the decline of bitcoin may trigger the explosion of US stocks. So how big and far-reaching the impact is, it still depends. How big is the impact of Bitcoin on the whole market? How big is that? We need to look at the recent price trend of Bitcoin. According to my observation, the price of bitcoin has been relatively stable recently, and there has been no large-scale decline. But for some people who get on the bus at the top of the mountain, it may be a little difficult recently. If he adds leverage, maybe his recent days can be said to be like years. If you cut the meat, you may lose all your money. If you increase leverage, you may lose money, so now this market. It's already confusing. Therefore, some people may lose some desire for financial investment. Therefore, it will cause a short position per share and the stock price may plummet.
There are other things affecting the trend of bitcoin prices recently. The intervention of the regulatory authorities may make the next step of Bitcoin difficult. Many platforms have shown their ambitions and want to control the market in a wider range, which makes this free market very unfree. So many people may choose to flee this market. After fleeing this market, the capital flow may go to steady investment, rather than extreme entry into the stock market.
It is also very important that the price of graphics cards has started to fall recently, and there are more graphics cards on the market, which may be a precursor to the collapse of Bitcoin. Perhaps after the bitcoin crash, some people may panic about investment in the next step, because many people have fled the market. Therefore, it may lead to the explosion of US stocks. I hope this day will not come.
If the regulatory authorities can intervene in the bitcoin market, there may be a more stable solution to the bitcoin market. But when this day comes and what impact it will have on the bitcoin market is unknown. Therefore, it is possible to affect the entire financial market because of Bitcoin, because the current investment target of Bitcoin is also very large, and the circulation of funds is very large. So I hope the future will be clear as soon as possible, so that investors can have a suitable investment environment.