When did bitcoin begin to rise? You must be curious about this. Bitcoin was less than US $1 when it was issued, but after more than 10 years of development, now a bitcoin has risen to US $60000. So when did it start to rise? Let's see when bitcoin began to rise.

A few years ago, bitcoin had not yet been exposed to investors in a large area. It produced a lot and was dug out, but there was no demand. At present, the purchase of bitcoin has high price, small output and large demand.

It is generally believed that if there is an imbalance between supply and demand, the price of goods will be affected. Affected by the policy, many bitcoin holders are now keeping a forward-looking attitude. The number of bitcoin in circulation in the market is decreasing, but the demand for bitcoin in the market is still increasing. We must push the price up. After all, things are rare and expensive.

The report issued by the blockchain popularization professional organization takes the blockchain technology as an example, and reports that the investment value of blockchain technology in the world will reach 400 billion US dollars from 300 billion US dollars by 2027. In addition, as an infrastructure development, blockchain is suitable for more and more scenarios.

Investors' confidence has not decreased. Now many institutions and financial companies are looking at bitcoin. After all, in history, there were 7.54 million times of non traded goods in eight years. According to analysts of specialized agencies, 10 years ago, many countries have not been out of the bubble economy and have been worried about whether the financial system will collapse again.

Bitcoin, which has a strong performance, has a lot of investors and capital inflows, driving the price up. In a sense, bitcoin is a safe haven asset. Therefore, it is still profitable to invest now.

(2021-4-7)