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

Is Bitcoin (BTC) heading back down? What caused the sudden pullback to $18.5K? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Ray Salmond.

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.

Related Posts

Three Arrows Capital’s NFTs collection to be liquidated

As part of 3AC’s bankruptcy proceedings, over 300 NFTs from Starry Night Capital were moved this week. Teneo, the liquidation firm in charge of the Three Arrows…

US lawmakers request Justice Dept share CBDC assessment

The House members claimed the “appropriate place for the discussion” on legislation concerning a digital dollar would be in the U.S. legislative branch. Republican members of the…

Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet

Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three…

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

Owing to the historic inflation, Q3 has been painful for Bitcoin. The largest cryptocurrency by market cap appears to have largely lost its inflation hedge and store-of-value…

Big Eyes Coin Aims To Become A Promising Crypto Coin Like Ethereum

These past several months have been particularly rough for the cryptocurrency market. Bitcoin’s price has dropped below $20,000, and the entire cryptocurrency market is now worth less…

Bitcoin Reclaims $20,000 As Key Metrics Point To Potential Bottom

After a fierce battle by bulls to maintain the price atop the $18,000 multi-year support zone in the past three months, Bitcoin managed to recapture the $20,000…

Generated by Feedzy