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BTC value rejected at $50K; ADA bulls take a breather: Cointelegraph’s ‘The Market Report’ is now dwell

08/26/2021

“The Market Report” with Cointelegraph kicked off at 4:00 pm UTC on Thursday. Discover out what our analysts take into consideration the BTC bull market and the place we could possibly be headed within the short- to medium-term.

Following a formidable run, the value of Bitcoin (BTC) firmly rejected $50,000 this week, casting some doubts on the resumption of the bull market. Cardano’s ADA, in the meantime, is lastly displaying indicators of slowing down after doubling in two weeks. 

Resident specialists Jordan Finneseth and Marcel Pechman take a deep dive into the place we’re within the Bitcoin cycle and what we might anticipate heading into September, which is historically a risky month for crypto. We additionally welcome Dan McDermitt of The Chart Guys to share some technical evaluation on Bitcoin.

The roundtable can be streamed dwell on YouTube and might be accessed beneath. Smash the like button, and make sure you subscribe to Cointelegraph!