Autumn bulls vs. winter bears — Will October be bullish or bearish for Bitcoin? Watch Market Talks

In this week’s occurrence of Market Talks, we invited Rekt Capital, a cryptocurrency expert who shares macro research, commentary and method investigation related to crypto markets. He publishes a fashionable newsletter and provides courses that assistance amended traders connected however to marque informed decisions erstwhile buying and selling cryptocurrencies. He has much than 328,000 followers crossed his assorted societal media platforms, galore of whom are salient individuals, including large names similar Binance CEO Changpeng Zhao.

First things first, we person officially entered Q4 2022 and, much importantly, October, which has historically been a bullish period for cryptocurrencies. We inquire Rekt Capital if helium thinks this inclination is apt to proceed oregon if we are headed toward much downside for Bitcoin (BTC). Will we enactment supra the $20,000 level oregon caput toward $17,000? 

We instrumentality a look astatine wherever the Bitcoin bottommost mightiness prevarication by looking astatine humanities information and investigation to effort and fig retired 1 of the main questions connected everyone’s minds. We besides sermon if Bitcoin needs a important catalyst to yet interruption retired of this carnivore marketplace and what that could be.

There has been an expanding correlation betwixt Bitcoin and the S&P 500, but however agelong volition this spell on, and is determination a decoupling connected the horizon? We’ve conscionable witnessed a historical infinitesimal successful crypto with the Ethereum Merge moving from a proof-of-work to a proof-of-stake consensus. Many hoped this would beryllium a displacement successful the existent marketplace trend, but it was a beauteous uneventful transition, adjacent price-wise. We get Rekt’s thoughts connected this and besides what helium sees successful the aboriginal for Ether (ETH).

Many are fearful of the existent marketplace conditions, with the Bitcoin Fear and Greed Index being the lowest it’s ever been, but immoderate mightiness see this a buying opportunity, particularly considering that the United States Federal Reserve volition person to pivot astatine immoderate constituent and commencement easing the involvement rates, which could perchance beryllium bullish quality for Bitcoin. Should you usage this clip to stack sats oregon enactment connected the sidelines? We’ve got the experts to interruption it down for you.

Other topics up for treatment are what altcoins to support an oculus connected moving guardant and what is the champion strategy to usage close now. So, marque definite you’re tuned successful to support yourself informed and upto-date with the latest information. 

Tune successful to person your dependable heard. We’ll beryllium taking your questions and comments passim the show, truthful beryllium definite to person them acceptable to go.

Market Talks streams unrecorded each Thursday astatine 12:00 p.m. ET (4:00 p.m. UTC). Each week, we diagnostic interviews with immoderate of the astir influential and inspiring radical from the crypto and blockchain industry. So, beryllium definite to caput connected implicit to Cointelegraph’s YouTube page and smash those Like and Subscribe buttons for each our aboriginal videos and updates.