Is Bitcoin heading to $15K? Why are the markets suddenly pulling back?

Ethereum

In this week’s episode of Market Talks, we welcome Ray Salmond, head of markets at Cointelegraph.

The main topic of discussion with Ray will be the recent crypto market pullback and whether there is a possibility of the price of Bitcoin (BTC) going all the way down to $15K. We take a look at the charts to analize the price movements and figure out important price levels to keep an eye on.

Some might see the falling crypto prices and see an opportunity. We ask Ray how this market could be a potential opportunity for some. We also get his take on why the price of Bitcoin keeps dropping so consistently. 

Miners are an integral part of the Bitcoin ecosystem, but what happens when mining Bitcoin is no longer profitable and miners suffer huge losses? Will we see a capitulation event? What will that do to the price of Bitcoin and the whole crypto market? We try to get a sense of the Bitcoin miners’ sentiment.

The Ethereum Merge is all over the news recently. We ask Ray for his insights about the matter and whether his outlook is bearish or bullish. Also, what’s his strategy for trading the Merge? The markets are getting increasingly volatile at the moment and you might be wondering what is the best strategy right now  buy, sell, hodl or trade? Make sure you stay till the end of the show to find out.

Tune in to have your voice heard. We’ll be taking your questions and comments throughout the show, so be sure to have them ready to go.

Market Talks with Coffee ‘N’ Crypto’s Tim Warren streams live every Thursday at 12 pm ET (4:00 pm UTC). Each week, we feature interviews 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 smash those like and subscribe buttons for all our future videos and updates.

Articles You May Like

FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation
Stabilizing Ethereum Funding Rates Suggests Recovery Might Be In The Works
Acala Network to resume operations after burning 2.7B in aUSD stablecoin
Binance Creates Global Advisory Board to Tackle Regulatory Challenges
Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market