Why $20.8K is a critical level for Bitcoin | Find out now on Market Talks with Charlie Burton
In this week's episode of Market Talks, we welcome professional trader Charlie Burton.
Charlie is a professional trader with 24 years of experience and has been trading full-time since 2001. He is the founder of EzeeTrader and Charlie Burton Trading. He is also undefeated in the annual London Forex show live trade-off for the five years it was running. He has also been featured in the hugely popular BBC documentary "Trader, Millions by the Minute." Charlie is one of the very few trading educators who is also a professional money manager trading FCA-regulated capital.
The main topic of discussion with Charlie will be the current support level for Bitcoin (BTC) and why it is so critical. If Bitcoin goes below its current support, what are other major price levels you should be keeping an eye on? We also get his insights into what caused the collapse of the recent bear market relief rally.
There are a few major market events that are scheduled for the last few days of August — we ask Charlie which ones he is going to be keeping an eye on and how they might affect the market and more importantly his trading strategy. Will things in the crypto market and traditional markets improve as we move toward the end of the year or can we expect more volatility and downward price action?
Everyone has been talking about Ethereum's (ETH) performance recently and how it has outperformed Bitcoin, so we ask Charlie how he compares Ethereum's performance to Bitcoin's from a trader's perspective and whether he changed his strategy slightly because of it.
China has been in the news again recently due to the potential looming collapse of its economy. Being the superpower it is and having the second largest economy in the world, the possible collapse
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