Welcome back dear traders and investors!
Big movements have happened recently, every moment we notice a new break from the historical maximum and the most frequent questions of every trader, businessman or investor come to our mind: How long will the upward trend continue? Is the 30k the goal or part of the journey? Whats Next? mostly inspired by strategy, uncertainty and bearish sentiment.
Image edited in Photoshop CS5
1. Investment and injection of mixed capital from corporations and private companies (new whales):
At no time would we have been able to exceed 20k without this very necessary factor, we must argue that the investment and injection of mixed capital by this type of entrepreneurs has not stopped, that is, it continues intelligently, and this, in great ways, works for the increase in the price or value of Bitcoin and other cryptocurrencies.
Let us understand whales as a group of investors who want to benefit economically and intellectually from different markets -in what concerns us- when it comes to cryptocurrencies. The question for this concept has to be at what point will the whales determine their profit stage and start a downward trend? Could it be that it will connect the price of Bitcoin with the end of the year 2020?
As I always tell you, I like to analyze the market as an open and panoramic proposal of various possibilities, so it is not uncommon to see that I suggest different theories, unrelated to or close to each other.
Currently -thinking like a bull- I consider that the value / price of BTC will continue to strengthen until 30k and from here we will have two essential aspects for its understanding:
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30k as the final goal of the uptrend
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30k as a peak stage and a new stage of economic growth.
2. Indirect market manipulation through capital injection:
The economy is an agreement validated by all, that includes psychology, objective value, supply and demand, but is it possible that we are in an indirect manipulation of the market? The answer, as you will see, is a complete yes, and we will explain why.
In the previous point we commented that the 20k and all its great trajectory or depth has been thanks to the amount of new capital to the world of cryptocurrencies, but are these capitals significant enough to move the market with such ease? The point is that all this dubbed "the great wave" is of worldwide interest, Bitcoin is front-page news and at this time has great known and unknown purposes behind it.
In other words, all these groups of new capital have created a state of indirect manipulation in the price variation of BTC.
3. The consequent breakdown of all-time highs in a technical unknown scenario:
It is not the first time that I mention it, this whole new path of the BTC is a "creatio ex nihilo". We really do not know at what points it can or cannot rest, what we can foresee is what some trading experts call a "healthy and correction necessary". Jointly, we do not know if investor groups are pushing 30k as a selling point.
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