Many investors are coming to Bitcoin and crypto as a hedge against inflation: Kraken



Jeremy Welch, chief product officer at global crypto exchange Kraken, discusses the recent surge in the price of bitcoin, following the successful launch of the …


34 Comments

  1. In my last update, I mentioned that BTC was fast approaching major resistance and to expect some type of pullback or weakness. Since then we have seen the initial phase of that weakness play out, for my trainees it was expected.

    ETH moved higher towards the key 4100-4500 resistance area in the 4-hour chart as expected also

    This could be the final stage of a higher degree wave C of a more significant daily correction, as we see a completed five-wave cycle.

    However, we don't see any significant decline to confirm the top yet, so the current wave structure could still be a part of the wave (4) that can retest the highs for wave (5) again.

    Critical support lies in the 3800-3400 zone, but any considerable decline below 3400 would indicate that bears are back.

  2. Great Stuff. I started watching your videos last year as a beginner before giving stock market a trial. I was able to make $972,000 within 3 Months with a capital of $200,000. keep it up!

  3. Good day everyone, I enjoyed watching the video. Sorry to deviate a little. Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..please can someone recommend a good expert that can trade on my behalf and generate profit for me.

  4. I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING …I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET…CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO…?

  5. info!, the price pump is amazing for every early investors or those who got in 7 days ago for the first time otherwise it's bouncing to normal price the rest of us which is good, btc truly is a class of it's own, it has no competitors. all the others alts are competing with each other, the are more centralized, and majority of them are not completed projects. I can't believe it when I hear people selling their btc alts lol, that is why I trade with the best analysts since the last bear which I attain maximum success. I am to make $450,000 in btc this October from the implementing trades with tips and info from James Robeson a well renowned trader

  6. <Awesome post I must say . Crypto is moving with little sign of stopping throughout the past few days and weeks , with movements reaching a clear impasse , the aggregated cryptocurrency market has been following in Btcoin's lead and is struggling to garner any decisive momentum . One analyst is now noting that BTC has been holding above a key macro level throughout the past few months.I appreciate the honesty / the most you tubers this days is only up to the Moon / funny part is that nobody is talking or taking in consideration of what's happening around us !!!!! / stock market , delta variant , inflation and so on ; let alone of how bitcoin perform before in the same situation in the past. What's best to do now is to trade with pro treder Daniel as to stack up more even in this period.

  7. Great video you put up always ! The volatility of bitcoin and other leading cryptocurrencies makes any kind of price prediction notoriously difficult. After an up-and-down few months for the market, analysts appear divided over which way it heads from here. Some believe we are in a cool-off period that will see the price slide to yearly lows, while others predict new all-time highs before the end of 2021. So choosing the right strategy is very important when diving into Crypto, in other words it is important to have a plan! Bitcoin trading is a lucrative opportunity as it leverages the market volatility, I have been able to make 17 BTC in just 3 months of trading all thanks to exclusive signals from Prof Greg Darrell a renowned trader that is way ahead of his time. Prof Greg runs a program for people who want to ҽarn from the bull run by trading.

  8. newbies usually undermine and neglect the importance of technical analysis with regards to trading. technical analysis overly predicted the movement of assets price regardless of what is happening in wider and broad market, Essentially the procedure involves studying the the paths of particular asset movement in the past so as to establish a sustainable pattern that can be used to learn future movement of an asset . Doing technical analysis can be quiet different which is why newbies/traders neglect day trading their coin and stick to holding which is very dangerous as when the market goes bearish or bullish, advice any newbies to buy the dip and to seek help from not just any traders but an establish trading expert with at least 96 % trade accuracy .Having met Daniel I don’t have to bother if the prices are going bullish or bearish.

  9. thanks for the concise and pragmatic TA without exaggeration. High US $, low S&P, infrastructure legislation = short term bear, long term uptrend. I sold everything a few days ago and your analysis helps! Hoping to shop again soon, let's see what happens! Did your vet call the last dip?

  10. There is NO history to support the insane idea that crypto products are a hedge against inflation.
    None, zip, zilch

    "Vegas" money is fine to use in the crypto market but using any other money is just insane.

  11. THE DUMPs without any explanation is a criminal activity by the exchanges to liquidate leverage traders, but hurts the technology and confidence. Exchanges need to be regulated! KRAKEN is the worst DUMP & Liquidate exchange

  12. <stayhomeThe year 2021 has been like a rollercoaster so far. The markets started off with a bang, with Redditors gathering and shaking up Wall Street by trading Gamestop stocks. Then, Bitcoin started spinning the charts up and down, Ethereum surprised pretty much everyone with its price hikes, altcoins started booming like never before (just think about DOGE), new market actors even rushed in to join the race. After all this, if you are still on the fence about getting in because you are worried that it’s too late to get started then you have to trade with the guidance of a professional<In three weeks of trading I have been able to make 9 btc using signals from Smooth Strategy. He can easily be reached on Telegramas [ smoothstrategy]

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