Price change of virtual currency
in the current situation, blockchain is not a mature technology. What the market values is the so-called prospect, and it will take time to improve and excavate it slowly. However, the collapse of virtual currency is just a return to its own value
in short, I think bitcoin will continue to grow slowly after falling below a certain price. The current slump is just that the funds attracted by the previous heat have discovered the characteristics of virtual currency (hacker attack, dealer trading, these two situations will probably only appear in the newly issued currency, which is determined by the characteristics of blockchain, in other words, Hackers may also attack bitcoin in the early stage, but the more people and nodes bitcoin enters, the lower the probability of this situation, and the more difficult it is to generate)
in addition, I think that a large number of people in China even don't know what bitcoin is, so they are ready to make a fortune with money.
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.
as time goes by, half of a year has passed. Now let's review the market trend of bitcoin in 2019. After last year's bear market, the trend of bitcoin has been at a low ebb, with the lowest falling to 3155. After that, on the first day of the new year, it will enter a state of shock and energy accumulation, It wasn't until about 8 a.m. on April 1 that the market ushered in the dawn. During the rise at 4000, the market experienced a period from 9000 high in May to 13970 high in June. During this period, many friends who were trapped in high positions last year were out of the game or entered low positions to gain profits. After the market in June, the overall trend of bitcoin entered a callback state, After digesting the sequelae (large volume) brought by the rising trend ring this period, the fluctuation range is between 9000-10000. The wave was used for nearly two months, and it started a new round of pull-up at the end of July 21. After reaching 12500, it is now in a state of callback. How do you view the overall direction of the later disk
although the market in the past two days is in a state of correction and repair, the overall market trend of bulls is not finished, but hidden. From the weekly market, we can see that the bull's rising space has not yet come out completely, but is waiting for a new round of rising at the bottom of the market, and the weekly bullion belt index is all up, In this week's market, we can see that the rally and the callback account for half of each other, and the long rally is pushed by the energy and there is a sharp decline. This is a signal. The key to the sustainability of the long market is the update of the market index next week. If the momentum of the long market does not enter the market, the market will change, Please take a rational view of the trend
at present, the daily short position is graally strong in the evening, and the daily indexes of Ma5 and ma10 above the market show signs of dead cross downward. As long as the daily line of ma10 is shifted downward, there will be a short-term decline. Although 11400-11200 below is the short-term support of the daily line, as long as the short position of Ma5 and ma10 above the market touches the hundreds of points below, it is impossible to hold, At that time, 11000 is the watershed, so we need to pay attention to the short-term pressure range of 11800-11700. The 4-hour market is in the stage of rebound from the recent decline reaching the bottom of 11400. At present, the pressure above the short-term market is 11700. If the rebound kinetic energy does not reach the top and the lower Ma5 moving average continues to decline, then the short market will continue. This is the point that should be paid attention to by friends who are staring at the market at night
the operation idea is that if the market rebounds to the upper 11700-11800 pressure range, then the target range of 11500-11400 can be seen under the entry empty order, and 11000-11200 can be regarded as the bottom in the short term if it can continue to be short, and the bull short-term change needs to pay attention to the upper 11700 pressure position, and if the market rise breaks and stands firm, then the entry empty order can test the upper 11800-11900, The overall idea is to take short positions as the main method and take long positions as the auxiliary method.
if you have a friend who has an operation, take stop loss and stop profit, and do a good job in risk control. If you don't understand the market analysis or understand it in the early stage, please enter the market cautiously. I hope you can plan the worst result for every operation. After all, it's all real gold and silver, and your own hard money, It's best to be able to afford the return of your own efforts. Of course, some friends need to keep in touch with shanghua operation, and they will pass it one by one later
however, in China, the price of virtual currency is also affected by policies to a certain extent. Recently, the central bank has tightened its attitude towards digital currency, and the price of bitcoin and other digital currencies has fallen sharply. The digital currency of PBoC is less affected, probably because PBoC has the support of real assets.
The latest virtual currency / digital currency market in China should only exist in the UK
seeing the answers from other friends, most of them are foreign websites, or the market is incomplete
the website of Yingwei Caiqing can view up to 2500 + digital currencies
at the same time, the app of Yingwei Caiqing can also be downloaded from major mobile app stores
you can see the real-time market trend of bitcoin, which can be seen by time, daily K chart, weekly line, monthly line and annual line. It's really clear.
many people will find resources like virtual currency often mentioned in the news when they learn about the economic news moreover, in our daily life, we also feel special concern for such a relevant market. At the beginning of April, there was a big increase in global psychological money, which broke the historical record of US $200 million
bitcoin like this and virtual currency like Ethereum, and their prices have also repeatedly reached new highs, so they have attracted a large number of investors they also want to make such investment and financial management through their own other channels, and there may be some violations of the law and discipline. For example, for some virtual currencies, they may also have some other platforms, and they will also launch some platform currencies or counterfeit currencies. Although from now on, the market value of bitcoin is probably on the top of US $100 billion, many people still hold a more cautious and skeptical attitude towards bitcoin. After all, the rise of bitcoin is not always in a continuous upward trend, and there will be a decline