For some days now, there have been several positive signals regarding the price of Bitcoin, which, however, is not rising today.
In reality, several analysts did not expect a rise today, while things change if you look a little further ahead.
It is therefore necessary to make a clear distinction if one wants to understand why, despite the positive signals, the price of Bitcoin is not rising today.
The history of Bitcoin up to today
The key to understanding this apparent contradiction is the separation of the analysis by period, that is, short term versus medium term.
In the short term, two dynamics are still prevailing over the price of Bitcoin that have been influencing it for months now.
The first is the one related to the price of gold.
Bitcoin in the financial markets is seen as a risk-on alternative to gold, therefore in some ways similar, but fundamentally different.
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Furthermore, since mid-December there has been a strong growth trend in the price of
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