Bitcoin continues to decline the second day and if you look at the 4-hour price chart, you can see a strong psychological level that the price tested the second time and also failed to pass. This gives reasons for large investors to think about the fact that a reversal pattern can form and not consider bitcoin as an investment tool in the crypto market. An important point is also the fact that the number of transactions on Bitcoin has significantly decreased and is at the levels of last summer. On the other hand, the Bitcoin dominance index rises but at such a pace to call it a serious signal for entering the market. Despite this, news continues to appear that positively influence the market in the long-term schedule, and we constantly hear that the next commercial financial institution is announcing the opening of its crypto fund. All these facts raise the question: where are the professional crypto investors now investing their capital?
In this case, new but promising projects, such as CREDITS ("CS"), whose coin is currently trading better than the market and at the time of bitcoin correction is in the range that is usually used by large funds for a set of medium-term and long-term positions, will look reasonable. During the first week of trading on the stock exchanges, "CS" significantly increased and is now trading at levels of 500% of profit.
In this case, new but promising projects, such as CREDITS ("CS"), whose coin is currently trading better than the market and at the time of bitcoin correction is in the range that is usually used by large funds for a set of medium-term and long-term positions, will look reasonable. During the first week of trading on the stock exchanges, "CS" significantly increased and is now trading at levels of 500% of profit.