Good news for Bitcoin: New CPI data suggests inflation has peaked

0

[ad_1]

In this weeks episode of Market Talks we welcome senior market analyst at Cubic Analytics, Caleb Franzen.

Caleb is a Senior Market Strategist at Cubic Analytics, analysing new data/charts on the economy, the stock market, and Bitcoin to make better investment decisions. He is also a former corporate banking & portfolio analyst.

The main topic of discussion with Caleb will be the new CPI data and what they mean for the crypto market, specifically Bitcoin (BTC). Is there a correlation between the data and the recent price pump? How sustainable is this price action?

We also go over a few of Caleb’s tweets where he explains which indicators he looks at when analysing charts. One indicator he finds particularly interesting is the 78-week Williams%R oscillator. We get into why it’s important and how it can help.

Something that might be looming over everyone’s heads is whether the recent Bitcoin pump is a fake out and if we could actually go lower before we break through $30K. We get Caleb’s thoughts on this as he and Tim try to figure it out.

Ethereum (ETH) has been performing particularly well recently with all the news and hype surrounding the merge from proof of work (POW) to proof of stake (POS). Does this mean that the merge has already been priced in or can we see a rally when the merge actually takes place in September? Could this be a classic case of buy the rumour sell the news?

Tune in to have your voice heard. We’ll be taking your questions and comments throughout the show, so be sure to have them ready to go.

Market Talks with Crypto Jebb streams live every Thursday at 1 pm ET (5:00 pm UTC). Each week, we feature interviews with some of the most influential and inspiring people from the crypto and blockchain industry. So, be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 64,142.00
ethereum
Ethereum (ETH) $ 1,676.03
tether
Tether (USDT) $ 0.999462
bnb
BNB (BNB) $ 607.29
usd-coin
USDC (USDC) $ 0.999801
xrp
XRP (XRP) $ 1.14
solana
Solana (SOL) $ 68.03
tron
TRON (TRX) $ 0.317863
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
dogecoin
Dogecoin (DOGE) $ 0.087514
hyperliquid
Hyperliquid (HYPE) $ 59.74
usds
USDS (USDS) $ 0.999732
leo-token
LEO Token (LEO) $ 9.68
rain
Rain (RAIN) $ 0.012975
zcash
Zcash (ZEC) $ 413.51
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
monero
Monero (XMR) $ 343.68
cardano
Cardano (ADA) $ 0.171936
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
stellar
Stellar (XLM) $ 0.186335
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
canton-network
Canton (CC) $ 0.162447
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
whitebit
WhiteBIT Coin (WBT) $ 52.31
chainlink
Chainlink (LINK) $ 7.97
the-open-network
Toncoin (TON) $ 1.76
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
ethena-usde
Ethena USDe (USDE) $ 0.999450
usd1-wlfi
USD1 (USD1) $ 1.00
susds
sUSDS (SUSDS) $ 1.08
dai
Dai (DAI) $ 0.999698
bitcoin-cash
Bitcoin Cash (BCH) $ 207.02
memecore
MemeCore (M) $ 2.97
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
hedera-hashgraph
Hedera (HBAR) $ 0.077860
litecoin
Litecoin (LTC) $ 43.67
sui
Sui (SUI) $ 0.765378
weth
WETH (WETH) $ 2,268.37
hashnote-usyc
Circle USYC (USYC) $ 1.13
lab
LAB (LAB) $ 9.44
shiba-inu
Shiba Inu (SHIB) $ 0.000005
usdt0
USDT0 (USDT0) $ 0.998824
avalanche-2
Avalanche (AVAX) $ 6.69
paypal-usd
PayPal USD (PYUSD) $ 0.999824
near
NEAR Protocol (NEAR) $ 2.12
crypto-com-chain
Cronos (CRO) $ 0.059833
global-dollar
Global Dollar (USDG) $ 0.999723
tether-gold
Tether Gold (XAUT) $ 4,206.11
bittensor
Bittensor (TAO) $ 252.27
Shares