The scenario of the beginning of February is repeated, when the market of crypto-currency has appeared under the pressure of negative pressure that led to panic sales by speculators and a strong reduction in the price of all the cryptocurrencies traded on the market. The bad news came out one after another, which moved the market down once and at the end, the bitcoin price began to decline from USD 12,000.00 to USD 6,000.00. It is worth noting that the price reduction ended just the other day when the meeting in the US was supposed to take place at which it was planned to listen to the report on crypto-currencies, where, after positive statements, buyers came to the market and with their active actions raised the price to the same levels for the same short period. Now a similar situation and the community of crypto investors again fall in love with the negative news flow, which should be regarded as a signal for accumulating positions on crypto-currencies. March 20 is expected to meet the G20 countries where it is on March 20 will discuss the future of the cryptocurrency market for Europe. This date should be regarded as a temporary landmark, to which you need to have time to get a good price in a falling market for a long position. “CS” on the pressure of negative shocks and small speculators are trying to get rid of the coin, when, on the other hand, medium-term investors are gaining a position at a good price. It is worth noting that after each decline in the price of CS, there should be a sharp pullback and higher volumes are observed, which indicates the purchase of coins by investors with long-term strategies and is subject to an increase in the number of coin holders. In the coming months, CREDITS (CS) expects events that should be considered with the following benchmarks: March — Listing on exchanges, Update Alpha, User support 0,002 CS/ETH May — Launch Alpha, User support 0,004 CS/ETH June — Launch Release, Platform extension > 0,004 CS/ETH
Topic: An analysis of CS Altcoin (Read 194 times)