Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-04-22)

1. Price Trends
It suddenly rose to 2927 at midnight yesterday, which is basically the same as the point 2930 we pointed out in our analysis on the 20th. It has been adjusted back to around 2900 this morning. In the past month, we have combined the analysis of data and concluded that we are mainly bullish, and the price has also risen slowly. Now it is close to 3000 points, and it may still need a strong rise to break through better. The recommended strategy is still to continue to hold low-cost long orders, hold more coins and do less short-term, and do not short even if you are bearish. The support for the downward correction is 2860 and 2830.
2. The Newcomer Index looks at the amount of funds entering the market <br/>The Newcomer Index was at a relatively high level from April 5 to April 15, and began to return to normal levels on April 15. The corresponding price began to rise on April 10, and has been rising slowly and oscillating to around 2900. In recent days, the Newcomer level is not very bullish, close to 3000 points, and may be dominated by oscillation.

3. The long-short index looks at the degree of recognition of the price of the currency in the market <br/>Around 21:00 yesterday, we conducted a vote in the group, 35 people participated, and 28 people were bullish. The hourly long-short index began to turn bullish at 22:00 last night, and the price began to rise from zero. The daily long-short index is still in the bearish position.

The chart is updated in real time as of 09:30 on April 22. We will continue to observe how the data develops next.
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