{"id":8289,"date":"2022-11-04T03:12:16","date_gmt":"2022-11-04T03:12:16","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=8289"},"modified":"2022-11-04T03:12:16","modified_gmt":"2022-11-04T03:12:16","slug":"the-crypto-market-bottom-is-almost-in-market-talks-chats-with-trader-korean-jew-crypto","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=8289","title":{"rendered":"The crypto market bottom is \u2018almost in\u2019 \u2014 Market Talks chats with trader Korean Jew Crypto"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p>On this week\u2019s episode of Market Talks, Cointelegraph welcomed Jake, or \u201cKJ\u201d \u2014 also known as \u201cKorean Jew Crypto\u201d on Twitter \u2014 the founder of The Trading Dojo, a platform that provides coaching and education to help traders identify profitable trades on their own.\u00a0<\/p>\n<p>The wide-reaching interview covered KJ\u2019s take on how to trade the Federal Open Markets Committee and Consumer Price Index events, along with his views on how Federal Reserve policy is impacting crypto prices. <\/p>\n<p>According to KJ: <\/p>\n<p>\u201cIn regards to what Powell said, and the way the news cycle has been, a few weeks ago I was adamant that something has changed. I was quite bearish and expecting a support break for BTC, ETH and everything else. We got the dip on Friday that swept everyone out of the tight range, but it was immediately bought back. [\u2026] Bullard from the Fed had some bullish things to say, and we reclaimed the support and held on with nice volume, as well as in stocks. I said to my friends and the Dojo, \u2018Something is different.\u2019 That was supposed to break down, but there were buyers there. The market just feels very different.\u201d <\/p>\n<p>When asked about whether or not Dogecoin\u2019s (DOGE) recent 100-plus percent pump is a one-off or a sign of a wider trend change, KJ said: <\/p>\n<p>\u201cI feel there\u2019s something bigger behind it, personally. When you\u2019re comparing structure, even thorough price rejected at a certain level, it\u2019s actually starting to look quite bullish to me. I wouldn\u2019t be surprised to see a reflation trade where price goes up to like $0.55, comes down, and then marks up again.\u201d <\/p>\n<p>On Tesla CEO Elon Musk\u2019s new ownership of Twitter, \u201cPeople are speculating that there is going to be some sort of DOGE integration involved. I think it\u2019s a reasonable speculation, actually,\u201d said KJ.<\/p>\n<h2>Is the market bottom in? <\/h2>\n<p>In regard to a wider turnaround in sentiment, investors\u2019 appetite for risk and the crypto market carving out a bottom, KJ explained that DOGE\u2019s recent bullish price action is: <\/p>\n<p>\u201cShowing that there\u2019s a greed element that is there again. In the past, the DOGE move would have gotten sold off, somewhat immediately, not the numbers that it did. We might have got a 20% move that was sold off by the end of the day. Litecoin, as well, also shows greed in the market and risk-taking behavior, and this risk, in my opinion, is not being taken by \u2018normies\u2019 yet. These are more powerful players that are willing to do so.\u201d<\/p>\n<p>To hear more alpha from KJ, tune in to Market Talks\u00a0on YouTube, and come back every Thursday at 12:00 pm ET to hear featured interviews with some of the most influential, inspiring people from the crypto and blockchain industry. <\/p>\n<p>Head on over to Cointelegraph\u2019s YouTube page, and smash those like and subscribe buttons for all our future videos and updates.<\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/the-crypto-market-bottom-is-almost-in-market-talks-chats-with-trader-korean-jew-crypto\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On this week\u2019s episode of Market Talks, Cointelegraph welcomed Jake, or \u201cKJ\u201d \u2014 also known as \u201cKorean Jew Crypto\u201d on Twitter \u2014 the founder of The Trading Dojo, a platform that provides coaching and education to help traders identify profitable trades on their own.\u00a0 The wide-reaching interview covered KJ\u2019s take on how to trade the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[2],"tags":[],"class_list":["post-8289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8289"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8289\/revisions"}],"predecessor-version":[{"id":8291,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8289\/revisions\/8291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/8290"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}