In this video, I delve into the intricate and dynamic world of Bitcoin and other cryptocurrencies, focusing on their current market trends and technical analysis. With the Bitcoin market at a critical juncture, I explore its positioning at a key upper yellow trendline, analyzing the implications on the zoomed-in six-hour chart. I also discuss the exciting potential of the Ada Cardano daily chart, which currently shows even more intriguing patterns than Bitcoin. I highlight the importance of the Bitcoin ETFs and the impact of recent market events, including the challenges faced by exchanges like Kraken and Binance. Emphasizing the significance of technical indicators like the RSI and momentum oscillator, I provide insights into Bitcoin’s potential to break above significant resistance levels and how this could signal a bullish trend.
Additionally, I touch upon the anticipation of the 2024 Bitcoin halving and its possible influence on the market. I also shift focus to Ada (Cardano), examining its position on both daily and weekly charts, and consider its potential for a significant breakout. Throughout, I maintain a balanced view, acknowledging the risks and uncertainties in the market while keeping an eye on key technical thresholds that could dictate the next major movements in the crypto space.
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Intro 00:00
Bitcoin on the daily (resistance) 00:50
Bearish or bullish? 2:50
If Bitcoin breaks out 4:15
A Bitcoin price fall to be aware of 6:30
Cardano still has room for breakout 7:40
Be CAREFUL with Cardano 8:40
Can’t ignore this ADA chart 9:30
Cardano daily chart resistance 10:00
Short term ADA target 11:15
Downside targets are normal 14:00
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🟩 Bitcoin 4 Year Cycle Prediction – This May Change Your Mind On BTC
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*Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.
*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
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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