Analysis: BTC trading volume is currently at its lowest point since April, when the trading volume is low, the market is more likely to suddenly fluctuate

Forbes article analysis, bitcoin and cryptocurrency bulls cheered bitcoin's more or less positive start in 2020, even though bitcoin's rise comes in the context of a sharp escalation of tensions between the United States and Iran of. However, cryptocurrency analysts warn that bitcoin trading volume is currently at its lowest point since April, and the transaction volume has fallen by 90% from its high in June 2019, and when the transaction volume is low, the market is more likely to make a sudden Volatile action. Since cryptocurrency analysts warned in October of the “bad” bitcoin trading volume, the problem appears to be intensifying as the volume of transactions declines rapidly. Earlier this year, as social media giant Facebook unveiled its planned Libra cryptocurrency, Bitcoin's transaction volume surged, while Bitcoin's transaction volume remained closely related to cryptocurrency media coverage. Bitcoin's transaction volume is now almost back to the level of early 2019, when the price of Bitcoin was below $ 4,000. However, in the coming days of 2020, people's interest in Bitcoin may return to July levels, including the planned Libra cryptocurrency by Facebook, the Starbucks project of crypto platform Bakkt, and the possibility that Bitcoin may be halved. Events, etc.