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Intro 00:00
A glimpse of 6 hours chart 00:20
BTC DID get the breakout but… 00:35
Interesting area to watch on weekly chart 1:20
Can Bitcoin do this crazy bullish thing? 2:35
Daily chart key area of consolidation 5:00
Daily chart synergy 6:00
6 hours chart bullish breakout 7:05
Inverse head and shoulders not confirmed yet 7:30
Here is what short term consolidation and support looks like 8:10
Last support area 9:30
Upward sloping inverse head and shoulders 10:50
$17,000 target? 11:20
Macro downside targets in $13,000’s? 11:40
Bitcoin almost makes a bullish break for it as it broke out of an upper trendline of symmetrical triangle, but it was very unconvincing. What does support look like for BTC as it now hovers as the apex of this important pattern?
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Crypto Capital Venture Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative
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📝 *The above video references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. This video contains my opinion only and is not meant to cause harm or defame anyone or any entity.
Please understand that cryptocurrency trading and investing is risky. I am not offering advice on how you should trade or invest in cryptocurrency. This channel is reserved for me to track my own journey and document my opinions along the way.
This is not an offer to sell or buy securities.
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Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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