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January 2021 has ended, leaving us with a whole series of particularly interesting considerations on the subject, the crypto sphere, and Bitcoin. Let's start by mentioning the recent endorsements made by tycoons of the so-called conventional ordinary finance of the world of asset management. We could mention King Italy, the largest hedge fund manager, or better yet, Larry Fink, founder and president of Blackrock, effectively the largest investment management house in the world.
Blackrock was aware of this and is even a relative majority shareholder within many Italian banks, starting with Intesa Sanpaolo and ending with UniCredit. Now, these same individuals who until a few years ago had always denigrated and cast Bitcoin and company in a bad light have openly changed their own view.
We can even mention the now classic case of John Musker with his change of biography, even within the Twitter sphere, which in January Papin Zampa changed in just a few hours. Well, what is important to take into consideration, however, is that, with great presumption, a very prolonged period of time awaits us in which We will witness a containment of a contraction in Bicol volatility precisely as a consequence of the entry of all these large and institutional players.
That is, the more the price continues to rise, the more the quotation will rise, the fewer and fewer possibilities of access to the market there will be for small retail investors, who are the ones who objectively can create high volatility on the market precisely because their behavior is often determined by emotions - fear of loss or greed for gain - are easily things that do not denote institutional operators who have behavioral dynamics that are obviously antithetical to the emotional management of an investment at this time.
If we leave aside what happened during March 2020, namely the market liquidity crisis that hit not only the market, all financial markets hope so, we can assume that daily volatility is now less than 10 percentage points and this is rather interesting because the expectation is to see this percentage contract more and more month after month, quarter after quarter, until it reaches volatilities that are physiological for risky asset classes, namely 5 percentage points precisely due to the entry of new institutional players.
and institutional this is fundamental for the market for the future of the small ones that we can now consider an objective fact is a financial commodity that no longer has anything to do with the original community to those who launched it it emerges that they had speculated and above all all that group of bitcoin maximalists who believe excuses minimalists who believe that bitcoin is still their object or desire this has now been completely disregarded the more they pass the more time will pass the more the Brady mopping up by large financial rail companies will end with the conquest of the territory by them and precisely this reason that there is all the interest then in the medium to long term to reduce volatility manage this financial commodity with levels of volatility that are as I said before more than physiological and acceptable and precisely years calling to this presence that is to say increasingly more institutional and less and less retail that it is hypothesized how the large price prediction shows that bitcoin prices at prices that are really difficult even to understand at this moment in this era are probably to be revised in the sense that quoting the famous press prediction shows that no one is playing McAfee a million dollars or 500 thousand dollars is quite difficult to achieve this type of result, that is to say that it is much more plausible to reach a price position that will in any case be high than the current one but which could easily fluctuate between 100,000 and 150,000 dollars and from that to that threshold to this oscillation band one should not then deviate precisely because it will no longer be possible to get close to bitcoin if preferred the retail investor will go to look for other alternatives precisely because of the psychological effect that a price has a quotation too high here I am not going to explain the satoshi speech because there are pilots of people who continue to talk about satoshi a person who approaches the crypto sphere or bitcoin II for the first time can steal a deserved fame of the satoshi looks at how much a unit of account is worth and on that decides whether to open a position or not satoshi is an element of internal accounting blog there is that can understand who is a no not ne of it but a true professional or a person who certainly cannot be considered a crypto beginners enko therefore this is very interesting linear and well this vision that changes at this point month after month in the face of continuous heavy entries by institutional investors who buy let's always remember this webcam for I receive every week the proposal from some exchanges from some trading rooms within the individual ones which for example we operate like the birds spa who ask us if we are interested in liquidating our entire position in bitcoin by going to carry out a so-called transaction a negotiation or the chief therefore outside the market and obviously at prices that are different from the market precisely for the reasons that are understandable namely that a large large player is a large bank or a large investment fund cannot afford to go and buy I don't know 500 1000 bitcoins on the market because that would create unpleasantness on the price in the sense that it will produce large explosions of volatility that we really want to avoid all the institutional players who need instead a price that moves with a dynamic that is under control and allows you to implement any asset allocation with a logic precisely of medium to long term I leave you with a description of what you are about to plan, to delve into the lowering of volatility expected for the next few months on beat with and then what are obviously also the new price prediction dynamics for 2021 on the strength of the recent endorsements and received from the fake areas in ormas that Italy
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