Bitcoin breaks $30,000 and is the center of attention again!
In this week’s episode of Market Talks, Cointelegraph welcomes Mati Greenspan, founder and CEO of Quantum Economics. Greenspan is an experienced financial analyst and a certified consultant who enjoys engaging with his 50,000+ Twitter followers about the latest developments in the cryptocurrency sector. He finds his passion in understanding financial markets and sharing his knowledge with others to help them make better investment decisions.
In today’s discussion, we first find out what Greenspan has been up to since we last had him on the channel — more than five years ago. We also get some insights into his company, Quantum Economics, what they do, their team, and what their vision is.
Without wasting any time, Greenspan dives into some of this hot takes by claiming that we are already in the next “Bitcoin summer” and that prices are just going to go up from here. He shows us his reasoning by going over some Bitcoin (BTC) charts, particularly the Bitcoin dominance chart, and taking us through his thought process.
With everything happening in the markets right now, both in the crypto and stock markets, we ask Greenspan what the most important things happening at the moment are capturing his attention and why. He explains to us why he finds the correlation between the stock market and Bitcoin so interesting and what he thinks that means for the future price of the asset.
There could be a number of reasons why the price of Bitcoin has been going up recently. We ask Greenspan what he thinks is the catalyst behind the recent pump all the way up to $30,000. Does it have anything to do with BlackRock and Fidelity putting more money into Bitcoin?
Next, we discuss what is pushing Bitcoin adoption, especially in developing economies.
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