BigCheds: Using technical analysis and sentiment Artwork

Crypto Trading Secrets

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BigCheds: Using technical analysis and sentiment

April 18, 2023 • BigCheds • Season 1 • Episode 9

0:00 | 31:15

Cheds, or @BigCheds on Twitter, is a trader, author and analyst. In this episode, Cheds talks about Bitcoin’s price trend, Bitcoin’s 2022 price action and possible future BTC price action. Cheds fields questions on his background, past Bitcoin bear markets and more. The episode covers the show’s typical segments — finding the bottom, trade secrets and the next bull run.

This interview was recorded on April 6, 2023.

Cheds’ Twitter: @BigCheds
BJ’s Twitter: @BenjaminPirus
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

Intro and outro music produced by Jonathan “MADic” DeYoung. Hear more at madic.art.

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

Intro

Finding the bottom

Bitcoin’s price traded above $29,000 in March, notably higher than its price action in the mid to upper $16,000 range back in January of 2023, according to Cointelegraph’s Bitcoin price index chart. So, from a macro, longer-term view, what’s your opinion

Overall, do you think Bitcoin is still in a bear market?

Does anything else affect your opinions on that or is it just charting?

What do you think impacted Bitcoin’s price the most in 2022?

What do you think has impacted Bitcoin’s price the most so far in 2023?

How does Bitcoin’s most recent bear market, the one we have transitioned out of according to your response to one of my earlier questions — how does that compare to previous Bitcoin bear markets?

Trade secrets

Tell me about your background, or as much as you’re comfortable diving into. When you were little, what did you want to do when you grew up?

So you mention the old adage of “buy low, sell high,” but if I’m not mistaken, that is highly subjective, correct?

Do you currently trade and invest in multiple different markets or just crypto?

So you mentioned it a little bit in that question, and I asked you in the pre-conversation before we started recording, do you want to just explain — I asked you whether you consider yourself more of a trader or an analyst. Do you want to dive into that a

What was the hardest part about learning to trade for you?

The next bull run

In the first section I believe you said that you think that Bitcoin is already in another bull run.

How long do you think personally the uptrend will last?

Do you think Bitcoin’s price will ever flatten out and stop having such big bull and bear market price swings?

So how would you compare Bitcoin’s previous uptrends? I’m thinking like what would you explain in terms of years and how long you would classify each uptrend, and then what you expect kind of for this one that you said we have entered according to you?

Conclusion

People on this episode

BJ Pirus

Host