Analyst Targets Relief Rally, Is $105K Bitcoin On The Horizon? | Markets Outlook

In today's Markets Outlook, Katie Stockton of Fairlead Strategies joins CoinDesk's Jennifer Sanasie to break down why bitcoin is behaving more like a risk asset than a safe haven as it hits critical technical support levels. Plus, she explores the potential for a short-term relief rally and explains how to use the cloud model to manage risk during the current market transition.

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Check out CoinDesk’s research report on Pudgy Penguins at: ⁠https://www.coindesk.com/research/pudgy-penguins-a-new-blueprint-for-tokenized-culture⁠.

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Timecodes:

01:09 - Is Bitcoin Losing Safe Haven Status?

04:00 - Critical Support Levels for Bitcoin

06:48 - Ether Price Targets and Technicals

08:29 - What Does Divergence Between Crypto Assets & the Equities Market Mean?

09:24 - Assessing the Altcoin Rotation

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This episode was hosted by Jennifer Sanasie.