The biggest obstacle to the rise of currency prices is this

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60,000 should be the last main base of the Air Force. Once this position breaks through, 70,000 or even 80,000 will become inevitable. At present, there are still a lot of stablecoin ammunition in the exchange, and these fools may become the price of the currency at any time fuel. After Bitcoin is close to 60,000 today, we can still see a certain amount of supply in the market. The market needs some time to digest them. If it can shrink back to around 50,000 (the market may not necessarily give it), it will probably be good Opportunity to get in the car.

Last night, Paypal launched a cryptocurrency settlement service, allowing American consumers to use their cryptocurrency holdings to pay millions of merchants, and it will be open to 29 million merchants in the next few months, and the company does not charge any cryptocurrency. Transaction fees, seamlessly available to everyone via debit or credit card within Paypal Wallet. This news triggered a wave of skyrocketing. I remember that the main Shenglang market at the end of last year was triggered after Paypal supported cryptocurrency. This time it actually fulfilled the previous expectations, so it will not have a continuous upward impact on currency prices like last year. . The Paypal CEO in his 60s also bought a pair of shoes through the new payment method and said, "This is cool!" Haha, the old beauty is quite interesting. The new payment era has just come quietly. Thinking about the domestic regulators, it is a bit of a headache for them.

Analyst: U.S. FinCEN's proposed new rules are not currently affecting Bitcoin or cryptocurrency prices: U.S. Treasury Department FinCEN's proposed new self-hosted crypto wallet transaction reporting rules, cryptocurrency analyst Joseph Young tweeted, "Rules everyone is afraid of It's out. 1. No one understands it; 2. It doesn't have any impact on bitcoin or cryptocurrency prices at the moment. Well, what a bummer." [2020/12/19 15:46:37]

Institutional investors already hold 4.3% of the supply of Bitcoin, and Grayscale accounts for 82%, which is still far ahead. These institutional investors are firm bulls of Bitcoin, and if Bitcoin wants to have a further surge, it needs more There are many such "lock-up investors". Looking at the market in the near future, these funds are in a stage of declining growth rate.

75% of the circulating bitcoins were last traded at less than 10800, which means a lot of super profit taking in this market. This is one of the biggest obstacles to the rise of currency prices. Some people plan to sell 60,000, while others plan to sell 80,000 or 100,000. There will be a large number of profit-making escapes at every round number, and the acceptance orders at that time will become the price of the currency. The underlying factors that can stand firm. This is also the reason why lunatics think it is very difficult to exceed 100,000 US dollars this year, because most people's take-profit anchor price is 50,000-100,000.

The weak support below the currency price may still be dominated by shocks: According to Bgain Digital investment research data: as of 18:00 on February 28, 2020, Beijing time, the BTC price was 8604.6 US dollars, and the BTC price fell by 1.64% within 24 hours. The Bgain Comprehensive BTC Standard Enhancement Index of Quantitative Trading rose 0.21%. As of 18:00, OKEX’s long-short positions accounted for 69%/31%; Huobi elite users’ long-short positions accounted for 46%/53%, Binance’s long-short margin accounted for 32%/68%, and BitMEX’s long-short positions The proportion is 51%/49%. The market sentiment is relatively bearish. The quarterly contract basis of OKEX is 100.25, and the basis falls by 22.23% within 24 hours. The price of the currency fell slowly within 24 hours, with a maximum fluctuation of nearly 400 US dollars. The market has mainly fallen recently, and the support below the price of the currency is weak, and the market may still be dominated by fluctuations. [2020/2/28]

Tether announced its asset audit report, with total assets of 35.3 billion US dollars and liabilities of 35.2 billion US dollars, of which 35.1 billion is related to the issuance of stable coins. Appear. The madman is still a little hesitant about the report of the British auditing company. After all, he has suspected that the printing of money for several years has not given an answer. But it doesn't matter, USDT is still in an absolute position in the currency circle, and there will be no thunderstorms in the bull market due to emotion and reason.

Analysis | The price of Bitcoin hits the $7,700 mark: China Securities Network News, according to the quotation of the CoinDesk platform, at 13:36 Beijing time on the 23rd, the price of Bitcoin was reported at $7,655.1, an increase of 3.5%. Overseas media columnist Peter Tchir believes that there are four factors that have contributed to the recent rise of Bitcoin. They include: cryptocurrencies and blockchain will be added to the Chartered Financial Analyst (CFA) exam; more recently there has been more news that the banking industry is researching cryptoassets, such as BlackRock's establishment of a research institute to study cryptocurrencies and blockchain Working groups on chain technology; Bitcoin ETF potential is increasing again; governments, central banks, and supranational agencies are all increasing the speed of "encryption". [2018/7/23]

Canada Post will use bitcoin to pay its employees amid changes in monetary policy and the financial environment. The madness of foreigners is really much more violent than ours. They have already used Bitcoin as a currency standard. Kraken CEO even believes that by the end of this year, 1BTC will be worth a Lamborghini.

The price of Bitcoin has fallen by $6,800: currently on the Bitfinex platform, Bitcoin is $6,728.2, a drop of 9.2% in the last 24 hours. The current bitcoin price on the Bitstamp platform is $6737.4, a drop of 4.95%. The current bitcoin price on the Binance platform is $6,752, a drop of 8.66%. [2018/3/31]

General Motors is considering accepting bitcoin payments, which are most suitable for high-value payments for multinational companies, such as buying houses, cars and luxury goods, and bitcoins are perfect.

The CEO of Meitu said that the amount of investment in cryptocurrency accounts for 13% of the company, and fluctuations will not have much impact on the company. This is really not a pain in the back. In a bull market, a correction of 30-40%, 13% will also fluctuate by 5%. In a bear market, a correction of 80-90%, Meitu’s game is a bit aggressive.

Fed's Barkin says no convincing use cases for bitcoin have been heard so far. Most officials of the Federal Reserve are still not very optimistic about Bitcoin, which also planted hidden dangers for the future.

Option traders are betting that Bitcoin will reach $80,000 at the end of April. The madman just watched Deribit’s options at the end of April. The volume is not too large, and the impact is limited. The biggest pain point is currently at 52,000. The higher the price, the higher the bet price. For option sellers, the more unlikely it is to reach, so the probability of reaching 80,000 by the end of April is very low.

Bitcoin:

It is difficult to judge the intraday trend of this position. The madman believes that the power of the bears is still relatively large, so the view will be somewhat bearish. In any case, the probability of breaking through 61800 in April is increasing. If you don’t have enough time for consolidation, just pull up directly, it is very likely that the sustainability will be very limited. If you step back again, it will be healthier. How to go depends on the market’s choices. At present, it is still recommended to watch the show with a half position. If you break through directly, consider gradually Consider adding some positions if you fall back, because it is difficult for skyrocketing and plummeting to occur in this position.

ETH:

Linked with Bitcoin, there is no market of its own.

DOT:

Large-value orders appear frequently, and 200 million has been entrusted at present, which shows that there are funds to protect the price of the currency. As long as the order is not withdrawn, we will continue to regard the market as a market that fluctuates.

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XRP:

0.52 does not fall below the hold, below the stop loss.

LINK:

The walk is still not strong, and the shock is the main one.

ADA:

This one is not going well today, so reduce your positions.

TRX:

Someone asked me why I am always optimistic about Tron, a garbage coin, because it has speculative value in the short term. Except for a few things that are fixed to be analyzed, the general madmen say that there are opportunities in the near future, and those who buy can still be held.

XMR:

Today's bottoming and recovery is very strong, and it seems that it is going to challenge the previous high again. This currency is moving slowly, but it is relatively stable.

FIL:

It can be reduced for another wave, and the rest will continue to wait for the rise to gradually decrease. This wave of storage sector is really a wild speculation, and it will suddenly peak at some point.

SUSHI:

I started to go down with UNI, and the unlocking expectation was too clear.

Today, most of the small coins are mainly down, and the trend of the big pie is obviously stronger, and some soaring coins will gradually be settled.

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UNI