The last 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 cryptocurrency 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 of the topics of discussion with Merten is the recent rally in the price of Bitcoin (BTC). Are the markets finally out of the flat trend they have been stuck in for months, or is this just another bull trap forming, with BTC dipping back below $20,000?
With all traders and seasoned pundits watching BTC’s 200 week moving average, Merten is asked about the importance of this indicator and why many consider it so important. He is also asked where he sees BTC in the near future, priced at $30,000 or $17,000?
Another topic of debate is whether retail investors are starting to re-enter the market, could that have played a role in the recent rally? Ether (ETH) has been performing exceptionally recently, with further updates on its move from a proof-of-work protocol to a proof-of-stake protocol. Could it be Ether that leads the markets this time, as opposed to Bitcoin? The presenters will take a look at the ETH chart to get a better picture.
With the rise in the price of Bitcoin, altcoins are not far behind. Jebb and Merten will take a look at some of the best performing alts and find out which ones haven’t yet peaked. Speaking of altcoins, Polygon’s MATIC token has seen a recent price rally to the upside following the news that it was accepted into Disney’s accelerator program, the only blockchain platform to do so. What this could mean for the platform will be discussed and a look at the chart will be taken as well.
Join the live to have your opinion heard. Presenters will be accepting questions and comments throughout the show, so make sure you’re prepared.
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