Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-08-04)

Prices are greatly affected by news, please always pay attention to the news
1. Market Trends <br/>The current price of Bitcoin is 3,720 yuan. In the early morning of August 3, affected by the news of the Bitfinex theft, the price once fell to around 3,000 yuan, and rebounded to 3,600 during the day. At around 19:00 last night, Bitfinex issued another announcement, saying that it will gradually open the website to allow everyone to check the balance of the account, and temporarily not open core functions such as trading, withdrawal, and recharge. Influenced by this news, the price of the currency was pulled up to around 3,700 again.
If you want to make more profits in Bitcoin trading or investment. Generally speaking, there is an assumption: 1. Your investment may be trapped for half a year or even more than a year at any time; 2. The price may fluctuate by 50% (up or down) at any time; 3. What others say is wrong. The first one means that you can only invest with spare money, not with money that is urgently needed. The second one means that you should try not to play futures. If you want to play, you can only open a maximum of two times leverage and keep enough margin. The third one means that you must have independent thinking and learn simple technical analysis methods. You can only question any opinions of others. Market dynamics are unpredictable. Don't stick to other people's opinions.
The current price of the currency is greatly affected by news, so please always pay attention to Bitfinex official announcements. 2. The long-short index shows the recognition of the value of Bitcoin by the OTC market . The figure shows the long-short index at the hourly level.
3. The newcomer index looks at the relative amount of entry funds . The figure shows the newcomer index calculated on a daily basis.