Wondering if the recent Bitcoin price movement is going to keep moving forward, or if this is just another bear trap? Join the conversation with Nicholas Merten from ‘DataDash’ and get answers about the recent market movements.
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The latest episode of Market Talks welcomes Nicholas Merten, the founder of DataDash, one of the largest cryptocurrency YouTube channels.
Merten is an international speaker, thought leader and crypto analyst. He has utilized his 10-plus years of experience in traditional markets to understand the potential of cryptocurrencies and help his 515,000 YouTube subscribers make better investment decisions.
One of the topics up for discussion with Merten isthe recent Bitcoin (BTC) price rally. Are the markets finally out of the sideways trend it’s been stuck in for months, or is this just another bull trap forming, with BTC to head back down below $20,000?
With all seasoned traders and experts eyeing the BTC 200-week moving average, Merten is asked the significance of this indicator and why many consider it to be so important. They also get into where he sees BTC heading in the near future, toward $30,000 or back down to $17,000?
Another topic up for discussion is whether retail investors are starting to rush back into the market — could that be playing a part in the price rally? Ether (ETH) has been performing exceptionally well recently, with more updates about its move from a proof-of-work protocol to proof-of-stake. Could Ether be the one leading the markets this time, as opposed to Bitcoin? The hosts will be taking a look at the ETH chart to get a better picture.
With the rise in Bitcoin’s price, altcoins are never far behind. Jebb and Merten will take a look at some of the best-performing altcoins and figure out which ones have yet to break out. Speaking of altcoins, Polygon’s MATIC has seen a recent price rally toward the upside after news that it was accepted into the Disney accelerator program — the only blockchain platform to do so. They will be discussing what this could mean for the platform and take a look at the chart as well.
Tune in to have your voice heard. The hosts be taking questions and comments throughout the show, so be sure to have them ready to go.
Market Talks with Crypto Jebb streams live every Thursday at 4:00 pm UTC. A featured interview is posted each week with some of the most influential and inspiring people from the crypto and blockchain industry. So, be sure to head on over to Cointelegraph’s YouTube page and subscribe for all future videos and updates.