Complicity Of The Stock Exchange And The Central Banks Against The Volatility Of The Bitcoin
The year 2021 is coming to an end with an unbeatable streak for Bitcoin, it would end the year with the predictions announced by experts a few months ago, while many analysts consider a historic rise for the last days of December, the main currency has not yet achieved exceed the $ 60,000 barrier, but it appears that it could wake up and challenge its recent all- time high. After several days of breaking records, the price of BTC approached the USD 59,000 area again and after about 72 hours in which the price oscillated between USD 54k and USD 56K, in the middle of this week, at the close of this note, it is trading above $ 58,000 again.
We are presented with concern about what a Christmas rally is, it is a seasonal pattern that refers to the rises in the value of the digital currency and the stock market, in the last days of the year, as well as the first two weeks that follow, usually To register the stock markets, the
Christmas rally of the stock markets is mainly due to the readjustment of portfolios of institutional investors, such as large managers and entities, who are preparing their positions for next year, this year the main stock indices face the possible rally of Christmas.
Do you think there will be a Christmas rally this year on the stock markets? It is believed that Christmas will come earlier this year. And that we are already inside the Christmas rally, we usually talk about a Christmas rally in November, but it really starts in July and August, so I think the rally will continue, the third quarter has been very good, I think the fourth quarter too It will be good. The expectations, speaking of profits, for the third quarter were exceeded, by almost all companies and I believe this will continue. There is news from the Federal Reserve that the reduction of stimulus plans will begin and interest rates could rise in the future and this gives stocks wings to continue growing. So yes, it is believed that the rally will continue. Several experts agree that Bitcoin will be able to break a new historical mark for the first days of the New Year 2022.
One of the secrets behind the bitcoin rally is in the world’s large money printers, bitcoin is used as a hedge for a possible depletion of paper money, as well as, The balance sheet of large central banks has skyrocketed with the crisis; There is a lot of money in the financial markets raising the price of assets Other strengths of bitcoin, However, the Natixis expert believes that bitcoin also has some strengths that draw the attention of investors and people interested in the technology : "The great strength of this emblematic digital currency is based on 3 elements: its portability, the preservation of the holder's anonymity and the promise of monetary exchanges without third-party commissions." For better insight you can visit this platform immediate-edge.software .
BITCOIN HAS BEEN USED AS A TRUE STORE OF VALUE, A HEDGE AGAINST A POSSIBLE
DEPRECIATION OF PAPER CURRENCIES CONTROLLED BY CENTRAL BANKS
Bitcoin before Christmas at the gates of rally in this episode we put the focus on the crypto currency market after several weeks of volatility. What can we expect from bitcoin, ethereum or just by the end of the year and by 2022? With Alejandro Zala, Bitpanda’s country manager in Spain, he expressed why these movements are taking place in cryptocurrencies and analyzed the forecasts for the New Year. How do you see bitcoin? What can we expect from ethereum And from solana?
You must be wondering what will happen to the price of Bitcoin in 2022? Bitcoin price predictions are not an exact science, which is why investors are advised to conduct their own research, even so, it is important to note that WalletInvestor, a platform that predicts the future price of crypto currencies using learning algorithms Auto, reports that Bitcoin could be worth $ 81,600 in a year, so this may be a good opportunity to buy and prepare for an upcoming rally.