Is a Bitcoin so much stronger than before. Passed 93,000 dollars, a new record, and the feeling was so high that even a shift to higher levels, the lowest prices, don't be in a position to contain it. And Ryan Lee – who is the Head Analyst for the Bitget Research – comes in also in the comment for this picture to be new to the world of Bitcoin – in terms of the action of the price. In an analysis that goes hand-in-hand with those that have been published here on our website, and to identify some of the important issues that have driven the competition, and you can continue to promote it.
From the to the form of the excellent show by the ETF, and that they continue to keep their BTC to a swing record, it would seem to be the thunder, perfect for those who want to stay long term in Bitcoin and, more generally, on the whole sector.
But let's look at it together that that's what it is, in the analysis of the offer of the leader of the analysts in the division of research and Bitget, in an in-depth analysis, which will be especially helpful for those who want to understand at what stage of the market, we are, and why it may be different from the competition prior to the Bitcoin.
Bitcoin is struggling like never before, and from what it depends on?
There are a number of factors, which are pointed out by Ryan Lee on the direction of the free Bitcoin over 93,000 dollars, setting a record for the new, which, however, already appear to be in danger now.
-The victory of Trump
What was the most significant of the Trades Trump, Bitcoin walked through the interfaces of some resistance, thanks to the election of a president, the pro-Bitcoin. Then the question arises of the possibility of the united states to be equipped with a reserve, and strategic in Bitcoin. For a discussion of which, however, is likely to take place much more out of the White House rather than inside. We will look at: what is certain for now is that I will have 4 years of presidency, they will be more open to Bitcoin.
-The improvement of the liquidity
According to Ryan Lee, the announcement of Trump may affect the monetary policy of the Federal Reserve:
This suggests that Trump may be in a position to influence as well as the monetary policy or fiscal constraints. Based on the plans of the election of Trump, he is more likely to adopt a fiscal policy of aggressive acts in addition to the policies of the lira currency, thus signaling a likely to be a strong improvement in the liquidity, macro-in the following year. Since Bitcoin has all the characteristics of the assets of the risk, and the protection inflation, it is likely to be the first to share.
The ETF has-
They've grown up just a few months ago and with more than 4 billion dollars in the last few days. In a sign that it is really a big demand for the BTC from investors, most of those who look to me a little bit in the short term, and that it can act as a base upon which you can build a future, a more normal for Bitcoin as an asset.
All of it is true, but right now?
The feeling is in the sky. Maybe it's not going to last forever, and it will need to be improvements in the efficient and some of the amounts at stake for the future of the Bitcoin. However, we would like a moment of enthusiasm for continuing the Criptocurrency.it is. And it waits for the Ryan Lee, who, in speaking of the price, within a month, says:
The range of the expected price and within a month, about 82,000-110,000 dollars. The key indicators to be monitored include standard financing: If the interest rate of the funding for the position of a term in a contract that exceeds 50% of the annual, or 0.05%, every 8 hours, it can signal an arrangement of the stars. An indication is a map of the towns on the market of derivatives. If BTC goes over 94,000 usd, and over 1 billion dollars in the short positions can be likuidohen, looking up potential for the movement upward in the market. Moreover, it will be essential to monitor entrances and exits to the BTC ETF.
Therefore, the liquidation, the rates of funding, and also the ETF has to be followed. And, if all goes as it should, we can achieve it, says LEE, the 150,000 dollars on a 6-month period.
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