In this video, I discuss the recent developments and future outlook of Bitcoin, particularly focusing on the impact of Grayscale’s selling pressure on Bitcoin prices. I delve into the technical analysis of Bitcoin’s price movements, examining key trendlines and moving averages, while also considering the influence of market sentiment and external narratives, such as JP Morgan’s statement on profit-taking in GBTC nearing completion. I explore various scenarios, including potential bullish consolidation and the implications of Bitcoin’s behavior around critical technical levels, such as the 618 Fibonacci line and the 20- and 50-day moving averages. Additionally, I touch on the Bitcoin ETF narrative and its potential impact on market dynamics. Throughout the video, I emphasize a cautious yet curious approach, acknowledging the unpredictability of the market while eagerly awaiting clear bullish signals, such as Bitcoin closing above key moving averages.
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Intro 00:00
Grayscale selling pressure over? 00:40
Bitcoin daily resistance to watch right now 1:15
Insane BTC support right now 2:00
Waiting for this bullish confirmation 2:25
One last shot for BTC 3:35
$70,000 target no matter what 4:20
Waiting 5:00
Most bullish move that could happen 6:20
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
