In this week’s episode of Market Talk, we welcome crypto analyst Rekt Capital to share macro research, commentary, and technical analysis related to the crypto markets. He publishes popular newsletters and offers courses that help educate traders on how to make informed decisions when buying and selling cryptocurrencies. He has over 328,000 followers on various social media platforms, many of whom are celebrities including celebrities like Changpeng Zhao, who is the CEO of Binance.
First of all, we are officially into Q4 2022 and, more importantly, October, historically a bullish month for cryptocurrencies. We asked Rekt Capital if he thinks the trend is likely to continue or if Bitcoin (BTC) is headed for further declines: Will it hold at $20,000 levels or will it drop to $17,000? are you going to
We look at historical data and analysis to see where Bitcoin’s bottom lies and try to find one of the main questions that everyone has in mind. We also discuss whether and what a significant catalyst is needed to get out.
Bitcoin’s correlation with the S&P 500 is rising, but how long will this last? We witnessed a historic moment in crypto history as Ethereum Merge moves from Proof-of-Work to Proof-of-Stake consensus. Many were hoping this was a change in the current market dynamics, but even on the price side, it’s been a fairly uneventful transition.His Rekt thoughts on this and the future of Ether (ETH) hear what he sees
Many fear the current market conditions, Bitcoin fear and greed index is at an all-time low, especially that the US Federal Reserve must at some point pivot and start easing. Given , some might consider this a buying opportunity. Interest rates could be bullish news for Bitcoin. Should you use this time to pile up sat or stay on the sidelines? We have the experts to break it down for you.
Other topics for discussion look at which altcoins move forward and what are the best strategies to use right now. please give me.
Tune in so I can hear you. We’ll be open to questions and comments throughout the show, so be prepared.
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