Trading volume of BTC has shrunk considerably. Some people in trading centers of China couldn’t stand the loneliness and sold some coins, only to cause a 2% down. I’d like to repeat that MT event ultimately caused rational people to withdraw cash and coins from trading centers, rather than to transact. With no more selling in trading centers, the price is difficult to fall.

Analysis can be written every day, but opportunities don’t emerge everyday, and even if there is an “opportunity”, you need to think twice before you move.

These days, people are talking about the closing of MT, so only a little money is getting into the market, coins are moving sideways. When MT’s shadow has dissipated, more funds will get into the market and the price will rise.

Firmly hold your coins and relax, do what you are supposed to do.

Altcoins are still moving sideways.

These days, new coins are coming into existence with a higher rate, there are already 130+ coins in democurrency world. We need to carefully choose which one to invest.

See my analysis in the following days.