What are the Ethereum Merge forecasts from professional traders? Join us as Tim Warren, a co-host of Coffee N Crypto, and Dan McDermitt talk about this and other topics.
We welcome professional trader Dan McDermitt, a partner and senior analyst at ChartGuys.com, to this week’s episode of Market Talks.
He contributes expertise and feedback to the advancement of technical analysis education, is in charge of producing in-depth video reports, and instructs those seeking to learn how to safeguard capital and increase profitability.
The price forecast for the Ethereum Merge and whether Dan is ultimately bullish or bearish about the news will be the main topics of discussion. We examine the charts to try and determine where the price may move in the future and what the key price levels are.
Could this be the final opportunity to buy cryptocurrency at these low prices or will prices keep dropping as the crypto market continues to decline? We go over how traders perceive these market troughs and how they profit from them. We also talk about the reasons behind Bitcoin’s price decline over the past few months and whether there are any signs that the bear market is about to end.
Could Bitcoin reach $15K or was $17,6K the lowest point? What significant price levels should we be watching before we reach the new record low of $15K? Dan is also questioned about his belief in the four-year market cycle and whether he has noticed a shift in the market’s trend.
What are market investors supposed to be doing at this moment? Should they be trading, hoarding, buying, or selling? In order to provide you with the most accurate information and insight, we get it directly from one of the most seasoned traders out there.
What would it take for Bitcoin to finally decouple from the stock market? Although it is frequently observed that Bitcoin and the stock markets are correlated, It can be challenging for traders to keep their emotions out of their trades. Dan answers our question about how to trade without getting emotional.
Listen in to make your opinion heard. Throughout the show, we’ll be taking your questions and comments, so be prepared with them.