Hello! This is the KYRREX project and we would like to make a small overview.
We continue to add in positions in top altcoins, since they are the product of a very large part of the technological cluster of the “future” industry, which is associated with the possibilities of using blockchain technologies in many industries and sectors of human activity. But today, we want to present our own version of perception and expectation from trading Great Alpha - BTC/USD. Since only a very lazy analyst or guru did not post pictures with a graph of Bitcoin and options for its future, we are in a hurry to keep up.
The picture of the chart shows the marked levels, which, from our point of view, can be the levels of an intermediate stop, correction or horizontal trading zone where positions can be accumulated in this instrument. This is the nearest "intermediate" level of 9000 and a stronger zone in the area of 7000. We would like to remind you that the market that started the rise of Bitcoin this year and the market that had made Bitcoin's hype earlier are absolutely two different markets both in terms of participants and intentions and the technological capabilities of the participants themselves.
Large investors and speculators began to come to the market. They brought algorithms and “profit harvesting machines” with them from fiat markets. The technologies of the highest quality have come - higher than placing orders in order books of bitcoin within WEB interface platforms. They have come, being successfully adapted and developed. This is good as it gives hope and opportunity for Bitcoin to become a small but a real asset in partial risk hedging, in the light of recession processes the global economy. And in this, we see a rather large percentage of global issuance of financial instruments, which have a negative yield and will not cover the real inflation index affecting deposit savings. We see the traditional stock market on highs and it is not going to stop. The events of recent days have shown that investors' expectations are bullish and positive financial news immediately trigger a drive of stock indices. We see the market for US 30-year T-Bonds and 10-year Notes on the highs ... And it continues to grow. We see gold at the new heights - the traditional "refuge" asset. "The wave raises all ships" - they say on the WallStreet. And one of these ships will be the basket of digital assets of the New World. But the rise will be when the necessary volumes are bought in sufficient quantities and at an average price that suits these same Big Buyers. For the move up to be worth the money and effort. Further, everything will happen as it usually does with assets in the fiat market. There will be an opinion formed by the media ... there will be abrupt provocative starts using the same algorithms ... It will be interesting. This technology is already worked out to the smallest detail and it is already here - in the market of crypto assets.
Follow it with open eyes and ask yourself the question: "What are the Big Guys doing?")). We wish you success and profit.