Their letter is that the exchanges and exchangers will not be closed, but subjected to debt procedures, the "ICO" market will probably be brought into compliance with the law on securities, and the crypto-currencies themselves will be equated to high-risk instruments.
Given this, you can expect that the G20 meeting will have a positive impact on the market and provoke active purchases.
While bitcoin is trading in the red zone at 9 000.00 and today lost about 2.5%, due to negative investor sentiment and bad news on the market. On the other hand, the reason for selling is that many investors will prefer to sell bitcoin , wait outside the market, and start buying when understanding comes after the G20. All this strengthens the idea of the proposed trading scenario, according to which the market will be adjusted and will give an opportunity to buy long-term at good prices. Within the framework of this week, one should expect a decline in the market and consider by bitcoin the level of 7,800.00 - 8,000.00 how to support where the price may stop.
At the moment, Bitcoin has met customer support at 8,600.00 and is trading above it. It is important that this is the third attempt to test this level, and we can assume a large number of stop-loss orders for sale from speculative investors below the level of 8,400.00.