Join us as we discuss what March 2023 holds in store for Bitcoin. Will it touch $25,000 again or will it break past and flip it to support?
In this week’s episode of Market Talks, Cointelegraph welcomes Adrian Zduńczyk, or as he is known on Twitter, CryptoBirb. He is the founder and CEO of The Birb Nest, a trading community platform. He is also a chartered market technician, chemical engineer, entrepreneur, mentor and influencer with over 655,000 followers on Twitter.
We start things off with a simple question: What is Zduńczyk’s general approach or set of procedures that he goes through when he begins to connect with the markets in the mornings? How does he begin to decide if he should trade on any given day or stay away altogether? What are some comprehensive metrics that he looks at to gauge the overall market direction and sentiment, especially when studying altcoins?
There was a lot of excitement at the start of 2023 with Bitcoin (BTC) finally breaking out of its sideways action and making a move toward the upside. Now that things have settled down a bit and the price of Bitcoin is lingering around the $23,000 range, we ask Zduńczyk how he feels about the market and if there are any coins that stand out to him during this time.
The next Bitcoin halving is still about a year and a month away, yet people are already starting to talk about it and formulate strategies for it. We get Zduńczyk’s insights into how he thinks this cycle might be developing.
It’s already March, and it seems that Zduńczyk thinks that it might not be as kind as February was for Bitcoin — we ask him for his reasoning behind this claim. Bitcoin seems to be touching the $25,000 mark and coming back down to hover around $23,000. What needs to happen for Bitcoin to flip $25,000 to support and move past it?
We cover all this and more, so make sure to stay tuned until the end because Cointelegraph Markets & Research will also be taking your questions and comments throughout the show, so be sure to have them ready to go.
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