1. It is completely normal for Bitcoin to fall below $47,000. Why do you say that? Imagine that bitcoin has risen from a few thousand dollars to 50 thousand dollars. It only took a while, and then there will be a callback for a while. This is just a normal callback, so it is normal for $47,000 to fall below this. Because nothing can only go up but not down, the fall below $47,000 this time has not let investors' enthusiasm fade, but here I would also like to advise you to be cautious about bitcoin investment. After all, there may be nothing.
Second, how is the bitcoin economy established? For the bitcoin economy, it is actually very easy to understand. The author starts with monetary economy. In fact, monetary economy is not only a country's currency, but also a lot in our life. For example, online games will have such a monetary economy, so bitcoin is also such an idea. When this idea appeared, Bitcoin gradually took shape and had its own operational logic. With the blessing of Tesla President Musk, Bitcoin soared all the way, laying the foundation for the economic system of Bitcoin.
Third, the understanding of Bitcoin In fact, my understanding of Bitcoin is a wait-and-see attitude, because in my opinion, the floating of Bitcoin is unacceptable to ordinary people. Think about Maotai stock, not everyone can afford it, not to mention the current bitcoin value of nearly $50,000. Can ordinary people afford it? If you operate with high leverage, what is the final result? The final result can only be a dead duck. Most people can't bear this blow, so don't touch the investment product of Bitcoin easily. China has not recognized Bitcoin.
Problem analysis may be a normal thing in bitcoin economy abroad, but I hope everyone will treat it rationally in China. After all, our money was not blown by the wind. The above are my personal views and thoughts for reference only.