The Cryptocurrency Landscape: What’s on the Horizon?
Join our favorite trio – Benton Yaun, Jordan Finneseth, and Marcel Pechman – as they take a magnifying glass to the latest happenings in the cryptocurrency markets. Spoiler alert: it’s a rollercoaster ride!
Bitcoin’s Fork in the Road
Bitcoin (BTC) has been playing a game of consolidation, and it looks like it might continue this dance until Q1 2022. This week, a staggering $2.5 billion worth of liquidations hit the cryptocurrency market. So, the big question on everyone’s lips: Should investors keep their heads high or let their spirits dip?
Is $50,000 the New Floor?
Bitcoin grazed the nether regions just below $50,000 following the default of Chinese property giant Evergrande. Let’s be real, every time someone sneezes in the real estate sector, Bitcoin seems to catch a cold. Will this price serve as a solid support level? Only time will tell, but we’re definitely not betting on it being a comfy mattress.
Options Expiry: Bulls in a China Shop
Are the bulls about to stampede or just grazing? With $1.1 billion in Bitcoin options expiring this Friday, things look a tad worrisome for our four-legged friends. It’s crunch time, and the crypto numbers are more volatile than a toddler in a candy store.
A Chat with the Crypto Wizard
After all the number-crunching, our hosts sit down with Ran Neuner, co-founder of Onchain Capital. Together, they plunge into the big corrections of the past and the altcoins that might just weather the storm. From gaming tokens to untapped treasures, which ones will keep investors dancing the cha-cha of profits?
Spotlight on Altcoins: 1INCH and Tezos’ XTZ
Using insights from Cointelegraph Markets Pro, the experts highlight two altcoins that have shone brighter than a supernova: 1INCH and Tezos’ XTZ. Do these gems have what it takes to sparkle in low-light conditions? We’ll see!
Market Cycles: A Never-Ending Story?
Mr. Finneseth wraps up with an analysis of whether the classic four-year market cycle is stretching like a yoga instructor who refuses to leave the mat. As institutions dip their toes into cryptocurrency — beyond just Bitcoin — with NFTs and gaming tokens, the speculation swirls: Are we pushing towards a prolonged bull run or on the brink of a bear market?
Join the Conversation!
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Don’t forget, The Market Report airs live every Thursday at 12:00 pm ET (5:00 pm UTC). Swing by the Cointelegraph YouTube channel, and remember to hit like and subscribe for your front row seat to the crypto circus!
Disclaimers: Knowledge is Power
Remember folks, this article isn’t investment advice! Every leap into trading comes with inherent risks. Conduct your own research before making any big moves. The opinions shared here are strictly those of the analysts and do not necessarily reflect the views of Cointelegraph.
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