On July 4, 2019, after five consecutive days of decline, Bitcoin (BTC) retail investors sold a large amount of bitcoin (BTC) in their hands. The continuous cloudy day caused many people to flee, but in the single In the trend of the side, investors who have faith and always insist on holding the currency become more stable, and each callback is for the better development of the future. Because the price is always very strong, even in the callback phase, efficient reversal can still push prices to continue to rebound. Holding money can be short-term capital declines, but it can beat most frequent trading investors in a long period of time.
- QKL123 Data Analysis | Bitcoin UTXO Age Distribution: Market Underground?
- Mining Research Report: Industry Turning Point and Economic Cycle of Bitcoin Mining
- PayPal Director: Bitcoin has at least 50% chance of success, and if successful, it will reach $1 million
- The Fed may cut interest rates again on Wednesday, will the encryption market benefit?
- Lightning Network receives support from Bitfinex exchange, stablecoin will be ushered in next step
- Market analysis on May 23: Bitcoin volume fell, callback mode opened, when can I bargain?
In the bitcoin (BTC) digital cryptocurrency market in recent years, investors who have not experienced a bull market always doubt the unilateral trend driven by the herd effect, but when the bitcoin (BTC) digital cryptocurrency enters the real super bull market Bitcoin (BTC) investors will always miss the chance to get on the bus again and again. Especially when the market's heat is maintained at a high level, investors become less confident and always think that this is the end, but history is always different.
In yesterday's rebound, the price of Bitcoin (BTC) has once again touched $12,000, especially in the morning bitcoin (BTC) news. Sina Finance APP has put bitcoin (BTC) digital cryptocurrency into the market module. In the middle, the strong rebound of Bitcoin (BTC) has taken shape. The basis of the rebound still exists. Bitcoin (BTC) has risen by nearly 20% in the day of yesterday. Currently, in the personal analysis of Bitcoin, Bitcoin (BTC) The super-big ox in the digital cryptocurrency market is slowly coming, and there are still three important super-goods close to Bitcoin (BTC) investors.
These positives include the USDT's additional issuance on July 2, which has reached 100 million additional shares. This will be a positively bullish signal for the entire bitcoin (BTC) digital cryptocurrency market. In the process of USDT's market value growth, the amount of USDT issuance is consistent with the performance of the BTC market. In May, the USDT increase was 245 million US dollars, and the increase in June was 374 million US dollars. The corresponding BTC rose by 70% and 87% in May and June. The USDT issuance has created conditions for more funds to enter the market, making the price recovery a turning point.
From the performance of the current bitcoin (BTC) trading volume, the heavy volume is the basis for a strong rebound in prices. The recent trading volume has stabilized at more than US$28 billion, which is only lower than the performance from June 26 to June 27. Even in the context of increased selling pressure, Bitcoin (BTC)'s callback still has strong buying to support prices. In other words, the rise in bitcoin (BTC) is based on a long basis. Ignoring the bullish buying power, it is easy to miss the opportunity to hold money. What's more, in the case of high market activity, both long and short sides are not monolithic. In the period of price increase, the short position to the long queue, making the buying strength increase, will also become the driving factor for the rise of BTC. (The internet)