Virtual Currency Market Analysis [October 21 Issue]
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Bitcoin
is moving in a price range that is not much different from last week
.
Bitcoin daily chart
In the red-framed area on the chart
it may move for a while
within this zone.
From the July high,
the diagonal line drawn
tends to hit this line and
it tends to move downward.
There is a tendency for this.
Regarding Bitcoin,
we are currently in the halving period,
and there is talk about whether the price could rise.
This is a bit
a topic of interest.
When a halving occurs,
mining rewards are cut by half, so the amount of Bitcoin being sold decreases, which could push the price up.
I think that might happen.
However, any short-term decline followed by a rise
may occur before the halving
I think.
The halving is in May 2020,
so in the first half of 2020,
if there is a large drop,
that could be a precursor to a rise.
I think that could be the case.
Litecoin showed a similar pattern before its halving.
.
When the price is stagnant,
or during a short-term drop,
that could be a good buying opportunity.
I think such levels could be
a potential opportunity.
.
【Banana STO】
In fact, globally OTC trading is
quite well-known with t-ZERO exchange (AGLI)
for the cryptocurrency AG LI
An ICO has been conducted previously.
At t-zero, trading will be done as a security token STO
.
Currently,
AGLI is handled by only one exchange,
called RO.K.E.S.
So the information suggests AG LI could
list on t-ZERO and
there is a possibility of price increases
if that happens.
If t-zero lists
AGLI,
I am actually interested,
so I might buy a little from RO.K.E.S
and hold it.
For RO.K.E.S trading,
KYC is required in advance.
Also, in fact AG LI is
described in detail here
regarding what kind of project it is.
Bananas worldwide are said to be declining sharply due to parasites,
and as a countermeasure,
the AGLI project is said to be underway.
【
Horos（Horos） IEO information.
】
Since last week,
we have been receiving information about the Horos
from Japanese crypto investors who deal overseas.
From a cryptocurrency exchange in Singapore,
Coinbene (coinbene) says that
Horos will have an IEO held soon
as planned.
Coinbene actively conducts
IEOs worldwide,
so Horos is expected to attract attention.
I will summarize Horos’ features in an article and also discuss Coinbene’s
IEO.
https://bitcoin-newstart.com/horos
Previously, ChronoCoin rose as much as 160x,
which was an enormous increase.
）
