Do you know what happens

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Avatar for Joejackson
2 years ago
Topics: Bitcoin

# About the recent strange moves in the cryptocurrency market and the reason for the recent sharp decline..

From the last 8 month, there are discussions in Congress about the cryptocurrency clause in the new infrastructure law, which codifies dealing with encrypted currencies. The law has passed many updates, and now the US Central Bank intends to introduce its own encrypted currency and cannot do so without authorization from Congress, and therefore the hearing is held Tomorrow, with managers of major platforms, programmers, and owners of large companies in the field of cryptocurrency, so that Congress obtain sufficient information to issue final decisions on legalizing currencies and issuing a currency for the central bank. The latter and soon it was controlled by the market makers who own the major platforms .. If the outcome of the Congress meeting was positive, the cryptocurrency market will witness great activity and an unprecedented rise due to the increase in confidence that will lead to pumping more money and investing in it .. If it is negative, the opposite will happen and be done Withdrawal of investments and monetization of digital assets, which will reflect on market prices to witness a sharp decline .. Let's follow the meeting tomorrow and see.

** My advice: Do not enter the market now and wait for the outcome of the meeting, even if you have already open deals and achieved a profit, even if it is simple, get out of the market or even can exit without loss or gain in anticipation of the worst possibility .. and prepare a sum of encrypted dollars of any kind in order to be ready to enter The market in case the outcome of the meeting was positive

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$ 0.01 from @lutch
Avatar for Joejackson
2 years ago
Topics: Bitcoin

Comments

Fear in people is at its peak right now. At the beginning of the year, it will either decrease a lot or increase a lot.

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2 years ago