In this video, I discuss the significant milestone Bitcoin has reached by approaching a $52,000 value and breaking a trillion-dollar market cap, emphasizing the importance of these milestones in the cryptocurrency market. I delve into the weekly chart’s impressive performance, with a focus on two key indicators hinting at a potential all-time high in the near future: the on-balance volume indicator and cycle data. I also highlight the importance of Bitcoin breaking through a critical resistance area known as the bull market doors, a development that could signal the start of a bullish trend. Additionally, I share insights into short-term price movements and potential resistance areas, pointing out the importance of the current weekly candle’s movement and its implications for market momentum. I mention an interesting post suggesting that Bitcoin’s two-month on-balance volume reaching new highs could indicate an all-time high within two months, aligning with my analysis of monthly candle closures above the bull market doors predicting a similar timeline for breaking all-time highs. Lastly, I touch upon the significance of these developments occurring before the Bitcoin halving, the potential for a powerful bullish phase, and the importance of cautious optimism in the crypto market.
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Intro 00:00
Big weekly candle 00:55
A lot of room for upside 3:15
Two all time high indicators 4:25
Bitcoin targets 6:35
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
⬇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
