Today's News:
According to reports, as of December 5, 2019, the global user sends worth 8.85 billion US dollars of BTC to Singapore in 2019. United States ranked first in the period 2014-2018. 2019 dropped to second place, received $ 7.46 billion of BTC.
As of January 10, the number of active BTC address is 655,400, up 0.24% increase; the number of transactions on the chain is 329,100, up 2.17% increase; more than 100 of the 646 BTC chain transfer large pen, yesterday increase of 9.68%. ETH active address number is 285,300, up 5.87 percent decrease. World coins Institute think: there is a positive correlation trading activity with the currency price situation on the chain.
Market Review:
Yesterday bits than the price after the early morning finished lower position rebound hit 7628, bitcoin prices extend gains intraday, the highest touched 8199.99 position. Up to now as early as 9:11 Bitcoin offer
January 11 Bitcoin market analysis:
The daily chart, the price of Bitcoin fell out after 6 with Yang, tentatively below the support again after closing Yang, also a continuation of intraday price rebound potential. Current price again tempted Brin bring rail position repression, Bollinger Bands presented opening gesture. 5 day moving average upside to the 8045 position. 60-day moving average and Bollinger Bands rail intersection in the 7500 position. BRIEF index terms, MACD wire are advanced to the 0 axis. RSI is currently up to 65 horizontal position. After Stoch MACD fast line touching the overbought area.
4 hours chart, currency prices previous bit upside, pushing up the price of the Boolean operation to bring back again walkways. Bollinger Bands presents an opening posture, 5 average line through the 10th, 30th and Bollinger Bands at 8080 prices rail support position. Overall, short-term Bitcoin is still possible further upside.
Support / Resistance:
Support: 8150-8080-8000;
Resistance: 8300-8400-8500;
January 11 Bitcoin operation strategy:
1. prices fall 8120 position approach than a single stop 8080, only the profit position look at 8200, followed by watching 8300;
2, the price touched 8350 for the first time entering the position empty, stop above 8400, only the profit position to see
I set to Xin Message:
When an investment is relatively simple you do not really participate, but once you are involved is quite complex money games. If you want to survive long-term, sustained profitability, you must fully understand the nature of the investment, the real master a set for their own right investment philosophy and investment approach, then the financial markets is your ATM, or is eating money slot machine.
