HomeCryptoNicholas Merten of DataDash predicts a 'chilly winter' for the crypto market...

Nicholas Merten of DataDash predicts a ‘chilly winter’ for the crypto market | NEWSRUX

Nicholas Merten, a crypto dealer and the creator of the DataDash YouTube channel, joined Cointelegraph’s Crypto Buying and selling Secrets and techniques podcast for an interview with host Benjamin Pirus, discussing a lot of matters, together with his opinions on the state of the crypto market. “I believe that proper now, we’ve been going by means of what can solely be seen as a interval of consolidation,” he mentioned when requested about his ideas on the worth of Bitcoin (BTC) as of Jan. 9, the date of the interview.

Bitcoin largely traded sideways for a part of November and most of December. January, nevertheless, has seen the asset rise from beneath $17,000 to above $23,000. Trying again at Bitcoin’s worth chart exhibits the asset close to the start of its ascent on Jan. 9, sitting within the low- to mid-$17,000 vary.