The new week has started and so it’s time for a new video from the Bitcoin Consultant! In my new video I first take a look at the economic agenda; what important data will be published this week? It is good to be aware of this as it can have a major impact on the prices of bitcoin (BTC), among other things.
Bitcoin outbreak imminent?
I also look at the traditional stock markets, in particular the S&P 500 and the dollar. These are also important data points to include in the preparation for the new week.
Of course I take a look at bitcoin. How is the king of crypto faring in both the long and short term? Bitcoin has been extremely quiet lately and so it is plausible that a major move is imminent. In the video above, I share my take on this potential outbreak.
Finally, I look at SUI (SUI), an altcoin that is in an interesting sin. Because the price is at the bottom of a channel, this can be a zone from where the price bounces.
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