In this video, I delve into the current bullish trend of Bitcoin, highlighting the significant supply shock affecting its market and the potential implications for the broader cryptocurrency ecosystem. I discuss the remarkable influx of investments into Bitcoin ETFs, particularly noting BlackRock's Bitcoin ETF reaching $10 billion in assets under management in record time, and the introduction of Bitcoin ETF offerings by major U.S. banks such as Bank of America and Wells Fargo. These developments underscore the increasing demand for Bitcoin, even before the anticipated halving event, which will further reduce the daily supply of new coins. I analyze the impact of this supply-demand dynamic on Bitcoin's price, suggesting that a supply shortage coupled with surging demand could drive the price significantly higher. Additionally, I explore how this situation might affect altcoins, predicting that despite Bitcoin's dominance, altcoins could also see substantial gains as the bull market progresses. I provide technical analysis on Bitcoin's chart patterns, pointing out key areas of support and resistance, and speculate on the short-term price movements, including the potential for consolidation above critical levels. Finally, I share my thoughts on the possible scenarios for Bitcoin dominance and the altcoin market as the crypto bull run continues, inviting viewers to consider the unfolding dynamics within the cryptocurrency space.
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Intro 00:00
Bitcoin ETF breaks another record 00:30
“Bitcoin needs to go to $1M” 1:40
Crazy Bitcoin monthly close 3:00
Bitcoin price short term support 3:50
BTC structure 6:50
How this impacts altcoins this bull market 7:30
Bitcoin dominance likely will fall 8:10
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
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Intro 00:00
Bitcoin ETF breaks another record 00:30
“Bitcoin needs to go to $1M” 1:40
Crazy Bitcoin monthly close 3:00
Bitcoin price short term support 3:50
BTC structure 6:50
How this impacts altcoins this bull market 7:30
Bitcoin dominance likely will fall 8:10
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
