HaoBTC Bitcoin Daily Interpretation: Wide-range consolidation, waiting for the direction

Fundamental news:
1. Blockchain company Mediachain received $1.5 million in seed round financing led by A16z. Mediachain, a blockchain startup headquartered in New York, has received investment from heavyweight VC companies Andreessen Horowitz and Union Square Ventures. In addition, angel investors Alexis Ohanian, William Mougayar, Kanyi Maqubela, David Lee, Mathieu Drouin and Brian Message also participated in this round of financing. Its founder said that the funds will be used for project development, including services and applications, and then the money can be used to encourage more users.
2. Blockchain platform WAVES was officially released. After analyzing the characteristics of the blockchain system, the developers of WAVES focused on two directions: decentralized crowdfunding based on blockchain and applying blockchain to traditional legal currency. The team hopes to develop a very easy-to-use and practical system. At the same time, it can meet the growing demand for international crowdfunding and the demand for blockchain technology in traditional finance. The WAVES platform was crowdfunded from May 12 to June 1, and finally raised 30,400 bitcoins. It became one of the largest ICOs in the history of crowdfunding in the entire digital currency industry.
Bitcoin market:
Provided by the regular and secure Bitcoin platform Haobtc.com:

Chief Analyst Bi Wanba explains the market on June 2, 2016: Bitcoin prices today have maintained a wide range of fluctuations, with a large fluctuation range. The price difference between the internal and external markets has narrowed to less than 70. Short-term operation strategies suggest moderate high-sell and low-buy between 3550 yuan and 3650 yuan. The middle track of the Boolean line of the 12-hour line is around 3400, and technical indicators show a signal of a decline. From yesterday to this morning, there were three sharp pulls to above 2600, all of which were suppressed. The daily K-line still needs time to change space.