Is Bitcoin heading to $15K?

Is Bitcoin heading to $15K? 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, hold, or trade? Make sure you stay till the end of the show to find out.

Source: Cointelegraph

>> Related: Brad Sherman explains why crypto hasn’t been banned yet

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