As I analyzed before, there is strong support at $ 500, it is difficult to break this line.

All the investor's are depressed.Yesterday, we witnessed another wave of selling. So, when these “floating coins” are all washed out, the decline of bitcoin will stop.

Newcomers should continue to build your position as I suggested, complete your building within a month.

Altcoin index 1 is 8.82 , up 0.9% , altcoin index 2 is 2.93 , down 0.2%.

Buyers of litecoin are mostly from China, they must be upset by the 1 RMB accident in huobi.com. so, it is possible that litecoin may dive recently.

Doge continues to fall.

It seems to be popular to copy democratic centralism coins, a new copy is Aphroditecoin for Cyprus, even the website is a clone of Auroracoin, shameless.

Auroracoin did not rise, sell it , it will plummet the day after tomorrow.

Vertcoin rebounded for three days in a row with a large trading volume. I do not quite understand this currency, it is said to be influential in foreign countries. Now it has issued 1/40 of the total, not so ideal for buying in my view.

Other altcoins behaved differently. From altcion index 2, we know that altcoins are no longer panic, they are ready to rise.

Many coins are falling without volume . For example, the price of DEM is 1/ 10 of two weeks ago, but its trading volume of one day is only a few hundred dollars. As long as a retail investor comes in, the price will double.

 

So now it should be profitable to buy a little bit of altcoins.