In a wide-ranging conversation with The Merkle, the co-founder of The Chart Guys explained why he doesn’t believe the current cryptocurrency market constitutes a bubble.
“The great thing about this market is that when one coin, when Bitcoin cools off, the money is going to go somewhere else. And that’s because, in my opinion, there is no bubble at this point. I think it’s reached enough mainstream adoption . . . I think that we’ve seen enough gains and enough continuation that there is always going to be big money looking to buy significant dips.”
In the interview recorded November 9, Dan from ChartGuys.com suggested that the Bitcoin price could pull back significantly following the previous day’s SegWit2x fork postponement and the subsequent all-time high.
He reacted to recent gains among altcoins, commented on barriers to entry in the traditional financial markets, and weighed the strengths and weaknesses of trading robots.
Dan also discussed his company’s new alert system for cryptocurrency traders, detailed his approach to trading and his philosophy on money, and explained why he’s long on Golem.
Check out the podcast here:
Something just shifted again on the Bitcoin network, and it’s one of those things miners…
Something interesting is quietly happening in the market again, and it’s coming from a name…
At a glance, XRP’s price hasn’t done much lately. It’s been moving sideways, not giving…
At the latest “SEC Speaks in 2026” event, the U.S. Securities and Exchange Commission made…
Morgan Stanley is edging further into the crypto space after filing a second amended S-1…
Ethereum co-founder Vitalik Buterin is once again stirring conversation across the crypto space, this time…