GMT20140711 11:53 Trend Analysis of Democurrency

Bitcoin:

Bitcoin becomes stable and begins rebounding.

Given the compact district above $660 and shrinking trading volume during one month, it will rebound slightly, but generally move sideways in recent.

As mentioned many times, don’t expect big investors to push up the market.  New Bitcoin-accepting shops will increase crash market force. It’s better to wait for super good news. Criteria for super good news is arousal of panic from fiat currency holders.

Economic growth rate in US becomes negative, rate of growth of international trades in China becomes negative, and so does interest rate in EU. Gold and Silver comes out of mid term bottom recently, and no matter whether it is rebound or inversion, a mid- market will start latterly.

Bitcoin market cap is just a tip of Gold and silver. If gold and silver rises greatly, some fund will flow into Bitcoin market, and Bitcoin will rise only if a few fund of that enters market.

Altcoin:

Bugs leaded during site revision are ignored by coinmarketcap. So pause issuing Altcoin Indexes.

LTC rebounds a little today.

Driven by LTC, Altcoins with big market cap almost rebound.

Altcoins with small market cap are too much, their cap are too small, and their aptitudes are too fast, so I will not analyze them.

I have bought in 0.15 billion IFC at ￥0.00008, and I will fulfill my promise to buy 1 billion IFC.