empty
09.01.2022 03:42 PM
Ray Dalio: Fiat is the worst investment in our time.

This image is no longer relevant

Bitcoin continues its decline and at the moment is not far from the psychological level of $ 40,000 per coin. The overcoming of the ascending trend line is visible on the 24-hour timeframe, so we believe that the decline will continue. Moreover, this week, bitcoin also managed to overcome the Fibonacci level of 61.8% - $ 44,411. Consequently, at the moment, BTC has already dropped lower than 61.8% from its last growth of almost $ 40,000. From our point of view, this fact also only increases the likelihood of a further drop in cryptocurrency. It is worth noting that recently the number of traders and investors who believe that bitcoin will continue to fall has increased. The minutes of the last Fed meeting, which was published this week, played an important role in forming this opinion. Recall that this document reflected the "hawkish" mood of the majority of members of the monetary committee, so the chances of a faster and stronger tightening of monetary policy in the United States are growing. And along with them, the "bearish" sentiment in the cryptocurrency market is growing, because no matter what anyone says, but in the last two years bitcoin has been growing due to an increase in the money supply around the world. And now, when central banks refuse to stimulate, the demand for bitcoin will not grow at such a pace. In principle, we do not see it in the coming year above the current absolute maximum.

At the same time, the head and founder of the hedge fund Bridgewater Associates Ray Dalio said in an interview that cash is the worst investment in our time. Dalio noted that the leading cryptocurrencies have not only survived but have also shown impressive growth in recent years. Also, the head of the hedge fund drew attention to the fact that money has been depreciating in recent years and is doing it very quickly. Naturally, Dalio could not help but pay attention to the inflation rate in the United States, which has risen to 7% over the past year and is the highest in the last 40 years. It is because of such high inflation that Dalio considers money to be "junk", although a few years ago he considered cryptocurrencies to be "junk", predicting bitcoin's imminent demise. Thus, even such a well-known investor, we can say, admitted his wrongness and changed his mind. But will this mean that bitcoin will continue to grow over a long distance, given the tightening of regulation by central banks and governments, as well as the rejection of monetary stimulus and the decline in the dominance index?

This image is no longer relevant

On the 24-hour timeframe, the quotes of the "bitcoin" are fixed below the ascending trend line, so the "bullish" trend is broken. At the moment, the quotes have fallen to the level of $ 40,746, so overcoming this level will open the way to the level of $ 31,106 - the lows of 2021. Please note that bitcoin has been falling for 2 months and so far this fall is almost recoilless and very strong. This suggests that investors are getting rid of coins, and not increasing purchases in any way.

Paolo Greco,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Bitcoin. 23 de maio. Análise do sistema Smart Money

O Bitcoin continua a apresentar uma estrutura de tendência de alta. Poderíamos argumentar se há motivos reais para uma nova tendência de alta no momento, mas o gráfico sugere apenas

Samir Klishi 21:58 2025-05-23 UTC+2

TRUMP oficial: comunidade de criptomoedas, protestos e política

Na noite de 22 de maio de 2025, um evento único foi realizado no Trump National Golf Club, na Virgínia - um jantar oferecido por Donald Trump com os maiores

Jurij Tolin 17:58 2025-05-23 UTC+2

Análise técnica do movimento intradiário de preços da Doge, sexta-feira, 23 de maio de 2025

Parece que, no gráfico de 4 horas, o preço da criptomoeda Doge está se movendo acima da WMA (21), que apresenta inclinação ascendente. Além disso, o oscilador estocástico indica

Arief Makmur 15:22 2025-05-23 UTC+2

Análise técnica do movimento intradiário de preços da Ripple, sexta-feira, 23 de maio de 2025.

No gráfico diário, o preço permanece consolidado abaixo da linha verde do canal de alta, com um nível-alvo em 5.908. Esse movimento indica uma possível preparação para romper as resistências

Arief Makmur 14:55 2025-05-23 UTC+2

Previsão para o Bitcoin em 23 de maio de 2025

Na quinta-feira, o preço do Bitcoin atingiu o nível-alvo de 111.770. O oscilador Marlin parece estar defasado em relação ao movimento do preço, sugerindo uma possível — embora atípica —

Laurie Bailey 14:43 2025-05-23 UTC+2

O Bitcoin vai chegar a US$ 120.000? O que está impulsionando a sua alta — e quando esperar uma correção

Em 22 de maio, o Bitcoin ultrapassou com firmeza o patamar de US$ 111.888, estabelecendo um novo recorde histórico em US$ 111.867. Diferentemente das altas anteriores, marcadas pela euforia

Ekaterina Kiseleva 17:59 2025-05-22 UTC+2

Bitcoin aumenta sua confiança na recuperação

A demanda por bitcoin parece estar aumentando, a julgar por seu desempenho recente. No momento da publicação, o par BTC/USD estava sendo negociado perto de 111.200,00, um pouco abaixo

Jurij Tolin 16:22 2025-05-22 UTC+2

Análise do BTC/USD em 20 de maio de 2025

O padrão de ondas no gráfico de 4 horas do BTC/USD tornou-se mais complexo nos últimos meses. Observa-se uma estrutura corretiva descendente, que se completou em torno do nível

Chin Zhao 15:31 2025-05-20 UTC+2

Análise técnica do movimento diário de preços da criptomoeda Ethereum, sexta-feira, 16 de maio de 2025

Se observarmos o gráfico de 4 horas, a criptomoeda Ethereum parece estar se movimentando acima da média móvel ponderada de 21 períodos (WMA 21), que atua como um suporte dinâmico

Arief Makmur 15:14 2025-05-16 UTC+2

Análise técnica do movimento de preço intradiário da criptomoeda Uniswap, sexta-feira, 16 de maio de 2025

No gráfico de 4 horas, a criptomoeda Uniswap parece formar um padrão de Cunha Descendente Ampliada. Embora o preço esteja se movendo abaixo da média móvel ponderada de 21 períodos

Arief Makmur 15:05 2025-05-16 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.