Update On The Latest Crypto Dump
It’s safe to say it has not been a good few days in the crypto space, with Bitcoin falling more to reach the lowest level in months. This is mainly due to worrying recent announcements about interest rates and inflation that are causing people to sell their risk assets. In this episode, we discuss what caused the latest Bitcoin dump and why all is not lost, with a potential relief rally expected in the near future.
We also chat about why it’s important to look at the macro elements of the financial market and why the S&P 500 and NASDAQ can be helpful to identify the state of the market.
We have got a lot of questions recently about how to get into chart reading and analysis so we thought we’d dive into how we look at charts and discuss TradingView, a brilliant trading platform that allows you to build watch lists and see price action in real-time. You can create a free account using this link https://www.tradingview.com/
Are NFTs Here to Stay?
Lastly, we discuss what NFTs we are a fan of including Wow Pixies, a women led project with the vision “to lift up and help bring Women led projects to the forefront”. We also make a case for why we think NFTs are here to stay and have a major advantage of not facing issues like financial regulations that cryptocurrencies face.
What we cover in this episode
– What caused the latest Bitcoin dump?
– Where the market is likely to head next
– S&P 500 and NASDAQ and why they affect Bitcoin
– TradinView and how to get into reading and analysing charts
– Wow Pixies NFTs
– Why NFTs are here for the long term
Things We Mention In The Show
S&P 500 – https://www.tradingview.com/symbols/SPX/
Wow Pixies – https://twitter.com/WoWPixiesNFT
Ways to connect with Cryptopulse
Ways to connect with Kevin and Ben
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