Market data as of 10:48am, 17 August 2018
Disclaimer: The views and claims expressed here are not meant as an alternative form of investment advice. Every investment move involves risk, and you should consult professional financial advisors for guidance or conduct your own research before making a decision.
According to TokenInsight analysis, Bitcoin popularity growth rates slowly rose to 0.0378% in the past three consecutive days. The number of Bitcoin’s exchanged has increased steadily over an average of 7 days. Bitcoin’s active addresses have climbed to 498,000, increasing by 4.4% compared to 477,000 yesterday. BCtrend analysit believes that Bitcoin hashing profitability per T-hash per day has bottomed out again and outlook is expected to trend upwards.
According to independent analyst Tommy Tang, Bitcoin price has dropped as expected but the down-side momentum is fairly weak. It is likely to fluctuate between $6,000 and $6,600 in the short-term. It is recommended that investors wait for the market to choose a direction.
Block Asia Partner: TokenInsight https://tokeninsight.com/