BTC price rejected at $50K; ADA bulls take a breather: Cointelegraph’s 'The Market Report' is now live

"The Market Report" with Cointelegraph kicked off at 4:00 pm UTC on Thursday. Find out what our analysts think about the BTC bull market and where we could be headed in the short- to medium-term.

Following an impressive run, the price of Bitcoin (BTC) firmly rejected $50,000 this week, casting some doubts on the resumption of the bull market. Cardano’s ADA, meanwhile, is finally showing signs of slowing down after doubling in two weeks. 

Resident experts Jordan Finneseth and Marcel Pechman take a deep dive into where we are in the Bitcoin cycle and what we could expect heading into September, which is traditionally a volatile month for crypto. We also welcome Dan McDermitt of The Chart Guys to share some technical analysis on Bitcoin.

The roundtable will be streamed live on YouTube and can be accessed below. Smash the like button, and be sure to subscribe to Cointelegraph!

source link : https://cointelegraph.com/news/btc-price-rejected-at-50k-ada-bulls-take-a-breather-cointelegraph-s-the-market-report-is-now-live

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