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We found 9 days uptrend on Bitcoin Market. Bitgur Trends monitor - useful tool for market watching.
We launched the new smart tool on Bitgur — Trends monitor. Bitcoin trends report:https://bitgur.com/coin/BTC/chart With the help of a series of algorithms we automatically generate several actual trends and estimate their boundaries. As a result, we obtained inclined channels with intuitive clear zones of price movement. Channels are fully recalculated once a day, short channels (less than 30 days) are updated every hour.
The beginning of the channel is the last point of the trend change, the end of the channel is the current time. The trend line is constructed by linear regression of minute prices between the beginning and the end of trend. The width of the channel is 95 percentile of the relative deviation of the price from the trend. For the display we select the longest obtained channel, the shortest channel and channel with the best characteristics: (channel length) / (mid-square deviation).
Ideas for trading
1. After forming an inclined channel, open the position with closing after the end of the trend. 2. Trade inside a channel between the upper and lower boundaries. 3. You can also verify your trading strategy with this tool.
Unique interactive order book on the chart. We tried to make it convenient, comfortable and useful for all our traders. Conduct market analysis, monitor prices and trading volumes with IQFinex #cryptocurrency #iqfinex #BTC #exchange #ourfeatures #bitcoin #trading
China Monitors Booming OTC Bitcoin Market After Shutting Down Exchanges
This is the best tl;dr I could make, original reduced by 75%. (I'm a bot)
After shutting down the country's bitcoin exchanges, the Chinese government is monitoring the booming cryptocurrency over-the-counter market. Ever since the Chinese government demanded in September that bitcoin exchanges in the country shut down, China's on-exchange bitcoin trading volume has all but disappeared. The National Committee of Experts on Internet Financial Security Technology published a report last week on the status of the Chinese OTC bitcoin market. The report explained that when the regulatory policies were introduced in September, domestic bitcoin OTC trading platforms gradually exited the market. Subsequently, trading volumes in CNY began to climb at international bitcoin OTC exchanges such as Localbitcoins, Paxful, Coincola and Bitcoinworld. "With the deepening development of bitcoin, OTC trading has been increasingly active. OTC opponents use both anonymity and transaction payment channels, and there may be fraud trading risks," the committee concluded its report, adding that "The National Internet Financial Risk Analysis Technology Platform will continue to monitor."
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bitcoin price - bitcoin value tracker (cryptocurrency)
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