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In this video, I dive into the bullish momentum of Bitcoin and its impact on the entire crypto market, emphasizing the significance of Bitcoin as a roadmap for cryptocurrencies. I start with an analysis of the daily Bitcoin chart, highlighting the potential for a next parabolic bull run not just for Bitcoin but for altcoins as well. A key focus is on the unprecedented event where Bitcoin ETFs purchased nearly twice the amount of new bitcoins produced by miners last week, indicating a severe supply and demand imbalance. This supply shock, coupled with BlackRock's Bitcoin ETF holding a significant portion of Bitcoin's total supply, sets the stage for a potential price surge. I explore the implications of this supply crunch, especially as we approach another halving event which will further reduce Bitcoin's new supply. I share my technical analysis, pointing out the importance of the Fibonacci retracement levels, known as the "bull market doors," and how Bitcoin's current price action is testing these levels amidst a supply shock. Despite my bullish outlook, I express caution due to historical patterns and the need for Bitcoin to break through key resistance levels. I conclude by discussing the rising wedge pattern on the daily chart, which, while typically a bearish signal, could indicate continued bullish momentum in the current environment.
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Intro 00:00
Bitcoin supply vs. demand 00:30
Bitcoin bull market right on time! 2:30
Bitcoin momentum is healthy 4:15
BTC higher highs and higher lows 6:05
Bitcoin price targets 7:30
Massive BTC resistance ahead 8:40
Bitcoin so close to breaking bull market doors 8:30
Join this channel to get access to perks:
https://www.youtube.com/channel/UCnMku7J_UtwlcSfZlIuQ3Kw/join
🟩 Bitcoin 4 Year Cycle Prediction - This May Change Your Mind On BTC
https://youtu.be/IsKI359lAbQ
⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇
Stake Your ADA With Ticker: CCV1 ➡ https://youtu.be/cikJiJgRZFQ
⚡ Catch Me On Twitter
⚡ http://twitter.com/cryptorecruitr
Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative
☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰
*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.
#crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin
In this video, I dive into the bullish momentum of Bitcoin and its impact on the entire crypto market, emphasizing the significance of Bitcoin as a roadmap for cryptocurrencies. I start with an analysis of the daily Bitcoin chart, highlighting the potential for a next parabolic bull run not just for Bitcoin but for altcoins as well. A key focus is on the unprecedented event where Bitcoin ETFs purchased nearly twice the amount of new bitcoins produced by miners last week, indicating a severe supply and demand imbalance. This supply shock, coupled with BlackRock's Bitcoin ETF holding a significant portion of Bitcoin's total supply, sets the stage for a potential price surge. I explore the implications of this supply crunch, especially as we approach another halving event which will further reduce Bitcoin's new supply. I share my technical analysis, pointing out the importance of the Fibonacci retracement levels, known as the "bull market doors," and how Bitcoin's current price action is testing these levels amidst a supply shock. Despite my bullish outlook, I express caution due to historical patterns and the need for Bitcoin to break through key resistance levels. I conclude by discussing the rising wedge pattern on the daily chart, which, while typically a bearish signal, could indicate continued bullish momentum in the current environment.
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Intro 00:00
Bitcoin supply vs. demand 00:30
Bitcoin bull market right on time! 2:30
Bitcoin momentum is healthy 4:15
BTC higher highs and higher lows 6:05
Bitcoin price targets 7:30
Massive BTC resistance ahead 8:40
Bitcoin so close to breaking bull market doors 8:30
Join this channel to get access to perks:
https://www.youtube.com/channel/UCnMku7J_UtwlcSfZlIuQ3Kw/join
🟩 Bitcoin 4 Year Cycle Prediction - This May Change Your Mind On BTC
https://youtu.be/IsKI359lAbQ
⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇
Stake Your ADA With Ticker: CCV1 ➡ https://youtu.be/cikJiJgRZFQ
⚡ Catch Me On Twitter
⚡ http://twitter.com/cryptorecruitr
Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative
☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰
*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.
#crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin
