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Bitcoin ETF Ticking Time Bomb! Approval Could Trigger Historic Crypto Rally!

4 個月前
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In this video, I delve into the significance of the falling wedge on the Bitcoin weekly chart, highlighting its potential to reach a $60,000 target in the context of the much-anticipated Bitcoin spot ETF. As of January 4, there's growing speculation and excitement about the ETF's imminent approval, which could have a substantial impact on Bitcoin's price, altcoin markets, and Bitcoin dominance. I analyze recent market movements, including the liquidation of $540 million from the crypto market, and discuss how these events might influence Bitcoin's trajectory. The video also explores the possible outcomes of the ETF decision, including a breakout to a $50,000 short-term target and a $60,000 long-term target, while considering the potential for a decline if the ETF is not approved. I emphasize the importance of technical analysis in predicting Bitcoin's movement, especially in light of the ETF decision, and speculate on the broader implications for the crypto market.

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Intro 00:00
Big Grayscale news 1:10
Bitcoin ETF final stretch 2:30
BTC price pressure building 3:15
$50k Bitcoin target 5:10
BTC attempting something it’s never done 6:30
Bitcoin dominance and altcoins 9:30
What if ETF is not approved? 9:15
One step at a time 12:00

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*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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