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Author Topic: Trend Analysis of BTC&altcoin GMT20140616 16:12  (Read 410 times)
songsunling (OP)
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June 16, 2014, 04:50:59 PM
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Bitcoin:

The Bitcoin price runs into headwinds at $580, and it declines then. It will fluctuate from $ 460 to $ 610. After that it will rise again.
 
The Bitcoin auction of FBI will be held at this 27th, it has not ended and there is 10 days until the end, so the price will move sideways in a short time and does not create a new high. But its price will jump and rise after that.

Altcoin:

Altcoin Index 1 is 6.28,down 3.6%. Altcoin Index 2 is 2.55, down 2.6%.

Litecoin is in a bear market. Now LTC/BTC is 0.01642. If Bitcoin moves sideways for10 days, Litecoin will fall down for 10 days. In my view the beat opportunity to buy Litecoin is when LTC/BTC is 0.01.

There is no news on other Altcoins.

http://www.bit-sky.com/index.php/analyse/trendanalysis/923-2014-6-17-12
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