Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-04-25)

1. Price Trends  
A. After April 15th, the average number of new people entering the venue every day is not that many (this Saturday).
B. The long-short index has always been relatively biased towards the short side. The correction after the price rise shows the bullish sentiment.
C. The official group has conducted price voting several times, showing that more people are bullish.
D. The sentiment index shows that the current market reaction to prices is relatively large.
Overall, the price of 2850 may be caused by the buying of investors in the market, and the battle between long and short positions near 2950 is fierce. Yesterday, the sudden drop from 2950 to 2920 showed strong support in the data. The analysis on the 22nd was "approaching 3000 points, or a strong pull-up to break through better", and this view is still held now. The current price is 2970. If the price breaks through 3000, it may go up for a while, but it may not reach a very high position for the time being. After breaking through 3000, be cautious in chasing highs.
The Bitcoin market will end the dull trend of nearly two months and usher in a more volatile market. The medium-term strategy is still to hold more coins, and the short-term strategy is to sell high and buy low to make a profit.
2. The newcomer index looks at the amount of funds entering the market
The number of newcomers from the Spring Festival to now may be equivalent to the number of newcomers in the past six months of last year. When the coin price was 2900 on Saturday night, the coin zone members reminded that the newcomer index was not normal. It was over 60 on Saturday, 1.5 times the usual. The price reached 2950 on Sunday morning.

3. The long-short index looks at the market's recognition of the currency price
The recent correction after the price increase has caused the market to have a strong sentiment of bottom-fishing, but when the price rises, the market is not bullish. The long-short index of the day is still in the short position.

The chart is updated in real time as of 09:00 on April 25. We will continue to observe how the data develops next.
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The article is provided by @币富网