The latest episode of Market Talks welcomes Nicholas Merten, founder of DataDash, one of the largest cryptocurrency channels on YouTube.
Merten is an international speaker, thought leader, and crypto-analyst. He has used his 10+ years of experience in traditional markets to understand the potential of cryptocurrencies and help his 515,000 YouTube subscribers make better investment decisions.
One topic for discussion with Merten is the recent bitcoin (BTC) price rally. Did the market finally break out of the sideways trend it has been stuck in for months, or is this just another bull trap forming, with BTC back below $20,000?
As all seasoned traders and experts look to the BTC 200 week moving average, Merten was asked about the importance of this indicator and why many consider it so important. They also get to where he sees Bitcoin heading in the near future, towards $30K or a pullback to $17K?
Another topic for discussion is whether retail investors are starting to rush back into the market – could this play a role in the price hike? Ether (ETH) has been doing exceptionally well lately, with more updates on its transition from Proof of Work to Proof of Stake. Could it be Ether that leads the markets this time, unlike Bitcoin? Hosts will take a look at the ETH chart to get a better picture.
With the price of bitcoin on the rise, altcoins are not far behind. Jebb and Merten will take a look at some of the best performing altcoins and see which ones haven’t broken out yet. Speaking of altcoins, Polygon’s MATIC recently saw a price rally to the upside after news of its acceptance into Disney Accelerator – the only blockchain platform to do so. They will discuss what this could mean for the platform and look at the chart as well.
Listen until you hear your own voice. Hosts take questions and comments throughout the show, so make sure they’re ready to go.
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