GMT20140616 16:12 Trend Analysis of Democurrency
Bitcoin:
The Bitcoin price runs into headwinds at $600, and it declines then. It will fluctuate from $ 560 to $ 600 first. And slowly float up again.
The Bitcoin auction of FBI will be held at this 27th,there are 10 days until there, so the price will move sideways in a short time and does not create a new high. But its price will jump and rise after that.
Altcoin:
Altcoin Index 1 is 6.28,down 3.6%. Altcoin Index 2 is 2.55, down 2.6%.
Litecoin is in a bear market. Now LTC/BTC is 0.01642. If Bitcoin moves sideways for10 days, Litecoin will fall down for 10 days. In my view the beat opportunity to buy Litecoin is when LTC/BTC is 0.01.
There is nothing to say on other Altcoins today.