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Intro 00:00
Look at this mess of Bitcoin trendlines! 00:40
BTC on monthly chart is ugly 1:30
BTC overbought on monthly 2:00
I might be getting ready to buy a ton of crypto! 2:20
Historical evidence of potential downtrend 3:00
Bitcoin has done this before in 2017 4:00
THIS is the BTC move I think will happen 4:20
What would this move look like? 5:30
Monthly chart and the cycles of Bitcoin 6:40
BTC hasn’t had much consolidation 7:00
$50,000 target 8:20
Bitcoin on the monthly chart does not look very healthy. In this video I break down a potential downside scenario for BTC as a last consolidation before bullish continuation.
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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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