Market data as of 11:22am, 18 July 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’s global search activity bounced up to 0.09% (compared to a 0.01% last week). Over 186,000 Bitcoin was exchanged in the past 24 hours and has stayed above the active 180,000 line, higher by 28% compared to this month’s lows. BCtrend analyst states that BTC miners need to seize opportunities to access more of the current market. The outlook on BTC is relatively steady at the moment as Bitcoin prices continues to trend upwards. According to independent analyst Tommy Tang, the trading volume of BTC broke its pressure position and will continue to grow. Its mid-term price is likely to arrive at $7,500.
Analyst Dongxie states that market trade volume has risen due to positive policy influences and investors are advised to wait for suitable opportunities to buy in.
Block Asia Partner: TokenInsight https://tokeninsight.com/