Trader Nebraskangooner recently shared his perspective on Bitcoin’s price in a podcast interview with Cointelegraph’s Crypto Trading Secrets. Describing the current state of Bitcoin’s price, Nebraskangooner referred to it as “flat and completely sideways and uneventful.” This sentiment reflects the challenging year that Bitcoin has experienced in 2022, with its price declining significantly from its all-time high of over $60,000 in 2021. Nebraskangooner also offered insights into where Bitcoin might be positioned within the bear market and speculated about a potential bottom for the asset.
When it comes to evaluating Bitcoin’s price, Nebraskangooner emphasized the importance of studying price charts rather than relying on mainstream news events. He expressed his skepticism about the impact of news on the market, stating, “I’ve never really been a believer in too much news affecting anything.” Instead, he focuses on trading based on chart patterns. Nebraskangooner also highlighted his thoughts on the factors that have had the greatest influence on Bitcoin’s price.
During the podcast episode, Nebraskangooner and host Benjamin Pirus delved into other topics, including Nebraskangooner’s early interest in the medical field and his transition from a nursing career to crypto trading. Cointelegraph’s Crypto Trading Secrets podcast regularly features interviews with crypto traders, investors, and analysts, covering various aspects of crypto trading and investing. The podcast typically covers three segments: finding the bottom, trade secrets, and insights into the next bull run.
To listen to the full episode, visit Cointelegraph’s podcast page, Apple Podcasts, Spotify, Google Podcasts, or TuneIn. It’s important to note that the views, thoughts, and opinions expressed in the podcast are those of the participants alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.