Bitcoin has broken the 200 daily moving average, setting up a move very similar to the 2018 bear market low.

Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/

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Legal: *’The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.’
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I am keen on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price moves in a very volatile way, there is much opportunity in being prepared for upside and downside. I also cover Bitcoin news on this channel as it comes out.

9 thoughts on “BITCOIN BREAKS DECISIVE MOVING AVERAGE | SETS UP $12k PRICE TARGET

  1. i bought my BTC yesterday at £7190 gbp a coin quite pricey still better top buy now then 2 late in in cryptos for the long run/ Still not long for the haliving but in future it will be much more value i think if u dont buy now these prices won't be getting cheaper

  2. Bitcoin held and stayed above the $9,150 support, if the price don’t go below $9,150 it would definitely rally above $9,500. The bulls seem to be eyeing the next bullish wave above the $9,400 and $9,500 resistance levels. in this critical time accumulating and increasing one’s position is a paramount factor, this can be done through DCA ( dollar cost average ) or better still my preferred option trading. I trade under the guidance of Allan Shaw who is an expert trader and signal provider. With the accuracy and efficiency of his signals I grew my portfolio from 2 btc to 7 btc in a month. I am very appreciative of his service and feel more awareness of such program should be brought to the notice of investors. Allan could be reached on Telegram: (@Allanshaw) and WhatsApp: (+48) 732121976 for any crypto related inquiries.

  3. I feel like we're painting the biggest bull flag the world has ever seen. Reaching around $10k and then back to around $8-8.5k. I think the move in 2016-2017 is about to repeat mid 2020

  4. don't always bet on btc coming back to the 200 dma for confirmation. You might miss out on massive pump and fomo, long btc.

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