Market Overview
On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the latest consumer price index (CPI) and U.S. inflation data will have a bullish or bearish impact on Bitcoin (BTC).
Bitcoin Price Action Analysis
Macro forces are brewing while Bitcoin’s network fundamentals defy the bears. The price of Bitcoin has been somewhat stagnant these past few days, yet there are signals indicating a significant move could be upcoming. Experts will analyze reasons why Bitcoin may be on the verge of a substantial price change and discuss whether it’s finally time to consider a Bitcoin price bottom.
Volatility Predictions
Analysts suggest that BTC price could remain calm until Oct. 12, based on historical volatility indicators showing a rare warning signal. Michaël van de Poppe, founder and CEO of trading firm Eight, speculates that traders may enjoy another 48 hours of calm before potential volatility kicks in, sharing insights concerning the current market situation.
Quick Crypto Tips
In the segment “Quick Crypto Tips,” newcomers in the crypto industry are provided with easy and practical advice. This week’s focus will be on understanding support and resistance levels, vital concepts for making informed trading decisions.
Altcoin Highlights
From Cointelegraph Markets Pro, analysts have identified two standout altcoins this week: Pangolin’s PNG and Ellipsis’ EPS. Insights on their performance and potential will be provided.
Engagement Opportunity
Do you have a question regarding a specific coin or topic not covered in the report? Join the YouTube chat room during the live stream, as the most interesting comment or question will earn a one-month subscription to Cointelegraph Markets Pro.
Show Schedule
The Market Report is streamed live every Tuesday at 12:00 PM ET (4:00 PM UTC). Be sure to visit Cointelegraph’s YouTube channel and hit the Like and Subscribe buttons to stay updated on all future episodes and crypto news.
