Market Analysis

Why are Bitcoin whales accumulating BTC? Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss why Bitcoin whales are accumulating right now and why this could be significant.

On this week’s The Market Report show, Cointelegraph’s resident experts discuss why Bitcoin (BTC) whales are accumulating right now and why this could be significant. Could this lead to the next bull run?

To kick things off, we break down the latest news in the markets this week:

Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week

October 2022 has yet to prove itself as analysts predict “wild” Bitcoin price volatility for November. Bitcoin has started the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick. Could this mean that a major trend change is about to occur? This week is going to be another important one with the release of the United States Personal Consumption Expenditures (PCE) Index for September. The week after will see the U.S. Federal Reserve meeting to decide on interest rate hikes based on specific data inputs, including PCE and the Consumer Price Index. The market currently expects another 75-basis-point hike, but what will the actual numbers be, and how will they impact the market?

What happened to all the hype around “Uptober?” So far, it has failed to deliver compared to October 2021. Some analysts are hoping for a dramatic turnaround in November, but Bitcoin has its work cut out for it if it’s going to reach anywhere near its previous all-time high.

Bitcoin will surge in 2023 — But be careful what you wish for

The Bitcoin community is divided about whether the token’s price is going to surge or crash in the year ahead. A majority of analysts and technical indicators suggest it could bottom between $12,000 and $16,000 in the months to come. This correlates with a volatile macroeconomic environment, stock prices, inflation, Federal data and, at least according to Elon Musk, a possible recession that could last until 2024. Meanwhile, influencers, BTC maximalists and a range of other fanatical “shills” maintain its price could skyrocket to $80,000 and beyond. There is evidence to support both sides. We discuss what next year could bring for Bitcoin.

Our experts cover these and other developing stories, so make sure you tune in to stay up-to-date on the latest in the world of crypto.

Next up is a segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: Moving averages.

Lastly, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Our analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week, so make sure to tune in to find out.

Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will stand a chance to win a one-month subscription to Markets pro.

The Market Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), 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.

When will the crypto bear market end? Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss how much longer this crypto winter could last.

On this week’s The Market Report show, Cointelegraph’s resident experts discuss how much longer this crypto bear market could possibly last and when we could see some volatility back in the markets.

To kick things off, we break down the latest news in the markets this week:

Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks

A relief bounce on risk assets looks in store after Empire State Manufacturing Index numbers for October fall far short of expectations. The numbers fell to -9.1 for October, heavily below the forecast -4.3 and September’s -1.5 reading. Some industry analysts consider this to be way worse than expected, but could this actually cause Bitcoin (BTC) to rally in the near future?

Bitcoin clings to $19K as trader promises capitulation ‘will happen’

Bitcoin stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue. After United States economic data sparked a series of characteristic fakeout events over the week, Bitcoin returned to its original position and is showing no signs of leaving its established range. When will volatility return to the markets and bring some excitement along with it?

Post-midterm elections dump? Bitcoin will see $12K if this 2018 BTC chart fractal is correct

Bitcoin accumulation during the 2022 bear market looks stronger than in 2018, but macro headwinds could spoil the party this time around. While Bitcoin investors may not consider the United States midterm elections a significant event, an eerie fractal from 2018 may provide a clue to what could happen before the year ends.

Our experts cover these and other developing stories, so make sure you tune in to stay up-to-date on the latest in the world of crypto.

Next up is a segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: Relative strength index (RSI)

Market expert Marcel Pechman then carefully examines the BTC and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.

$25K or $15K BTC — CPI and US inflation data coming out on Thursday: Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13.

On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the new consumer price index (CPI) and United States inflation data will be bullish or bearish for Bitcoin (BTC).

To kick things off, we break down the latest news in the markets this week:

Macro forces are brewing, while Bitcoin network fundamentals defy the bears — which side will win out when it comes to BTC price action? The price of Bitcoin has been relatively uneventful and boring these past few days, but there are some signs that a big move up or down is incoming. We take a look at some reasons why Bitcoin is due to make a move in a big way. We also discuss if it’s finally time for a Bitcoin price bottom.

BTC price action may stay cool until Oct. 12, one analyst argues, as a historical volatility indicator prints a rare warning signal. With the week tipped to provide serious fuel for a potential volatility breakout, Michaël van de Poppe, founder and CEO of trading firm Eight, suggested that traders may get another 48 hours’ grace. We take a look at what insights he has to offer with regard to the current market environment.

Our experts cover these and other developing stories, so make sure you tune in to stay up-to-date on the latest in the world of crypto.

Next up is a segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: What are support and resistance levels?

Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will be given a 1-month subscription to Cointelegraph Markets Pro.

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

October has historically been a green month for Bitcoin, but will this trend continue, keeping in mind the current macro market conditions? Join us as we discuss this and more with our host, Joe Hall, and Rekt Capital, a crypto trader and analyst.

In this week’s episode of Market Talks, we welcome Rekt Capital, a cryptocurrency analyst who shares macro research, commentary and technical analysis related to crypto markets. He publishes a popular newsletter and provides courses that help educate traders on how to make informed decisions when buying and selling cryptocurrencies. He has more than 328,000 followers across his various social media platforms, many of whom are prominent individuals, including big names like Binance CEO Changpeng Zhao.

First things first, we have officially entered Q4 2022 and, more importantly, October, which has historically been a bullish month for cryptocurrencies. We ask Rekt Capital if he thinks this trend is likely to continue or if we are headed toward more downside for Bitcoin (BTC). Will we stay above the $20,000 level or head toward $17,000?

We take a look at where the Bitcoin bottom might lie by looking at historical data and analysis to try and figure out one of the main questions on everyone’s minds. We also discuss if Bitcoin needs a significant catalyst to finally break out of this bear market and what that could be.

There has been an increasing correlation between Bitcoin and the S&P 500, but how long will this go on, and is there a decoupling on the horizon? We’ve just witnessed a historic moment in crypto with the Ethereum Merge moving from a proof-of-work to a proof-of-stake consensus. Many hoped this would be a shift in the current market trend, but it was a pretty uneventful transition, even price-wise. We get Rekt’s thoughts on this and also what he sees in the future for Ether (ETH).

Many are fearful of the current market conditions, with the Bitcoin Fear and Greed Index being the lowest it’s ever been, but some might consider this a buying opportunity, especially considering that the United States Federal Reserve will have to pivot at some point and start easing the interest rates, which could potentially be bullish news for Bitcoin. Should you use this time to stack sats or stay on the sidelines? We’ve got the experts to break it down for you.

Other topics up for discussion are what altcoins to keep an eye on moving forward and what is the best strategy to use right now. So, make sure you’re tuned in to keep yourself informed and up-to-date with the latest information.

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 streams live every Thursday at 12:00 pm ET (4:00 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.

If Credit Suisse collapses, will it bring more volatility to the crypto market? Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the Credit Suisse situation and what impact it would have on the cryptocurrency market if it did collapse.

On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the potential collapse of the Credit Suisse bank could bring more volatility in the crypto market.

To kick things off, we break down the latest news in the markets this week:

BTC price still not at ‘max pain’

Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood. After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial system. Europe still seems to be at the top of everyone’s minds as the latest news about the potential collapse of major global banks, particularly Credit Suisse and Deutsche Bank, looms overhead. What impact would this have on the cryptocurrency market, and could this give Bitcoin its time to shine, or will this and other macro factors force the price lower than we’ve previously seen? With everything going on in the financial world at the moment, it seems like this bear market is shaping up to be unlike any other.

Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, has called BTC, silver and gold a “buying opportunity” amid the strengthening United States dollar and continued interest rate hikes. He suggests the U.S. Federal Reserve could start to pivot and drop interest rates as soon as January 2023, which could lead to Bitcoin and other commodity price reversals. Could this be a huge buying opportunity? Our experts analyze the situation.

Our experts cover these and other developing stories, so make sure you tune in to stay up-to-date on the latest in the world of crypto.

Next up is a segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: trickle investment buying.

Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. The experts also go over some market news to bring you up-to-date on the latest regarding the top two cryptocurrencies.

Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will be given a $50 gift voucher to the Cointelegraph swag store.

Ether exchange netflow highlights behavioral pattern of ETH whales

The Ethereum netflow chart shows that the spike in exchange flows often comes when the price of ETH is trading at a short-term or long-term low.

The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is done to pump the price of the second-largest cryptocurrency.

The “exchange netflow” is an indicator that measures the net amount of cryptocurrency entering or exiting the wallets of all centralized exchanges. The metric’s value is calculated by taking the difference between exchange inflows and exchange outflows.

Data shared by a pseudonymous trader at crypto analytic firm CryptoQuant indicates that ETH whales have consistently sent their holdings onto exchanges to raise the price of ETH and sell it at a higher market price.

The Ether exchange netflow data confirms the behavioral pattern among ETH whales and indicates it has been persistent since 2020. The price pump is often followed by whales selling their holdings at an increased market price, which itself preceeds a correction, as is visible in the chart below.

*ETH price movement against exchange inflow. Source: CryptoQuant*

The behavioral pattern comes as a surprise given that a positive netflow or a rise in the number of deposits on centralized exchanges is often viewed as a bearish signal, as traders mostly send their holdings onto exchanges to sell.

In their analysis, the trader noted that the exchange deposits increased periodically during short-term or long-term lows for the asset. The netflow chart confirms that the spike in exchange flows has often come at a time when the price of ETH has been trading at lower levels.

Ether whales’ heavy deposits onto exchanges continued even in the run-up to the Merge as the price of ETH rallied prior to the key proof-of-stake transition. The price dipped after the Merge, despite numerous market pundits predicting it would perform otherwise, thus confirming the behavioral pattern associated with Ether whales’ exchange deposits. The trader concluded, however, that exchange inflow does not necessarily rise before Ether prices rise.

Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says

Alessio Rastani, a cryptocurrency analyst and trader, shares his outlook on crypto, stocks and the forex market for the next weeks.

The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long-term one, according to forex trader and crypto analyst Alessio Rastani.

During the October-December 2022 period, the analyst expects to see the S&P rallying. “If that bounces or rally fails and drops back down again, then very likely, we’re entering a long-term recession and something very close to similar to 2008,” said Rastani in the latest Cointelegraph interview.

According to the analyst, such a recession could last until 2024 and would inevitably negatively impact the price of Bitcoin (BTC).

Talking about the latest pound sterling crisis, Rastani opined that its principal cause is the rally of the U.S. dollar, which is putting pressure on most other fiat currencies, including the yen and the euro. However, in Rastani’s view, the U.S. dollar is approaching the top.

“Once we see a clean break, a sustained break, of 111.5 and 110 levels on the dollar index, then I think the top is in for the dollar. And then I’m looking for a multi-month decline in the dollar back to 104 to the 100 level on the dollar index,” he explained.

Check out the full interview on our YouTube channel and don’t forget to subscribe!

Bitcoin price fails to hold $20K again, but there is a silver lining

BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives.

Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100.

Unfortunately for bulls, the positive momentum for stocks and cryptocurrencies rapidly eroded and Bitcoin price gave up a majority of the intraday gains as it slipped back below $19,000.

As has been the case since March 25, BTC price has been unable to kick above the resistance for more than a few hours and the Sept. 27 breakdown at the trendline continues the trend of successive bear flags that see a continuation to the downside.

*BTC/USD 1-day chart. Source: TradingView*

According to Arcane Research, Bitcoin’s tight rally above $20,000 is relatively insignificant, given that futures premiums are still low and it “contributes little to improving the market risk appetite.”

*BTC perpetual contract funding rate versus Bitcoin price. Source: Arcane Research*

Additional data from Arcane Research shows funding rates flipping neutral for the first time since Sept. 13, but generally, traders are reluctant to add longs, given the concerns over macro challenges and the continuous threat of unfriendly crypto regulation.

There is a silver lining

As mentioned in previous analysis, despite the breakouts and breakdowns, BTC price is simply trading within the exact same $24,300 to $17,600 range of the past 103 days. To date, a catalyst to set off a breakdown below swing lows or to push price above resistance and confirm the former hurdle as support has yet to occur.

Fortunately, it’s not all doom and gloom for Bitcoin. A positive bit of news comes from on-chain analytics provider Glassnode, who noted that more mature investors have decided to hunker down and hold their positions rather than sell at the current price.

According to the Revived Supply 1+ Years metric, an indicator that tracks the “total amount of coins that come back into circulation after being untouched for at least 1 year,” the flow of latent supply shifting back into the active supply pool is “extremely low.”

*Revived Supply 1 year+ Z Score. Source: glassnode*

The compression in mature spending seen in the last stages of the 2018 bull market is not present during the most recent revisits below $20,000, suggesting that long-term holders are well accustomed to volatility and unwilling to sell at the current prices.

Given that BTC is 72% down from its all-time high and a portion of investors expect prices to crumble toward $10,000 in the next unexpected capitulation event, one could interpret the lack of panic selling from mature investors as positive.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The British pound collapse and its impact on cryptocurrency: Watch the Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the fall of the British pound and its impact on the cryptocurrency market.

On this week’s The Market Report show, Cointelegraph’s resident experts discuss why the British pound is at its all-time low and how that might impact the cryptocurrency market.

To kick things off, we break down the latest news in the markets this week:

Bitcoin gains 5% to reclaim $20K, eyes first ‘green’ September since 2016

A classic snap of sideways trading action sees Bitcoin’s (BTC) price aim higher, but concerns remain over what happens next. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it added over 7% after the Sept. 26 close. Local highs of $20,344 appeared on Bitstamp before the pair began consolidating at around $20,200. Can Bitcoin achieve a green monthly close, and will the bulls be able to beat “Septembear?”

Is it Bitcoin’s time to shine? British pound drops to all-time low against the dollar

On Sept. 26, the British pound hit a record low against the United States dollar following the announcement of tax cuts and further debt increases to curb the impact of a possible economic recession. But could the British pound’s weakness be a positive for Bitcoin? Is it possible for the general population to move to cryptocurrencies once it realizes that people’s savings and investments are being devalued more aggressively?

Charles Hoskinson and Ethereum dev get into a war of words post-Vasil upgrade

Charles Hoskinson, founder of Cardano and co-founder of Ethereum, got into a war of words with Ethereum developers on the implementation of the proof-of-stake consensus via the Ethereum Merge. Hoskinson is known for his hot takes on his former project, and the bad blood between the two communities is nothing new. However, with both blockchains undergoing key upgrades on their networks, the recent exchange between the two sides highlights the disconnect between blockchain communities.

Next up is a segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: Choosing a long-term coin.

Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. The experts also go over some market news to bring you up to date on the latest regarding the top two cryptocurrencies.

Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will be given a one-month subscription to Markets Pro, worth $100.

Fed interest rate hike rattles the crypto market: Dig deeper with Market Talks

The Fed has once again increased interest rates by another 75 basis points. Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Yashu Gola, a Cointelegraph market analyst.

In this week’s episode of Market Talks, we welcome Yashu Gola, a Mumbai-based financial analyst and technology journalist at Cointelegraph with a strong focus on Bitcoin (BTC), smart contracts, exchange assets, nonfungible tokens, commodities and global stocks. Gola has been covering the cryptocurrency industry since 2014 and does not expect to stop anytime soon.

First things first, the United States Federal Reserve has just announced a 75-basis-point increase in interest rates, which resulted in the markets taking a tumble. Why did this happen, what difference does it make to you, and why should you be concerned? We asked Gola to break it down for us.

Is Fed Chair Jerome Powell just prolonging the economic pain by slowly increasing interest rates, or should he just rip the band-aid off and increase the rate to the year-end target of 4.4%? What impact would that have on the market, and how will the number one cryptocurrency, BTC, react to it? What is the Fed’s actual plan to fight off inflation, and is it really working?

Is there more pain in store for Bitcoin? With the U.S. dollar on the rise, it seems that more and more people are running toward cash and cash-based instruments compared to riskier assets. If the Fed decides to raise interest rates by another 75 basis points, could Bitcoin drop lower than its current technical support range of $18,000–$20,000?

We also ask Gola if he’s keeping an eye on any significant Bitcoin price levels, and what they might be, considering all the macro factors at play. Will Bitcoin ever decouple from the traditional stock market? What would it take for that to happen? Gola enlightens us with his thoughts on the topic.

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 Coffee N Crypto’s Tim Warren streams live every Thursday at 12:00 pm ET (4:00 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.