In this video, I discuss the anticipation and implications of the upcoming Bitcoin halving, set to occur in about 137 days. I highlight the significant bullish sentiment surrounding not only Bitcoin but the entire cryptocurrency market due to this event. My focus is on the supply shock and increasing demand, particularly from institutional investors, which I believe will lead to a unique and potentially transformative bull cycle. However, I also address the current overbought state of cryptocurrencies like Bitcoin and Cardano, indicating possible short-term retracements. Despite this, I maintain an overall bullish outlook, suggesting that if cryptocurrencies continue to rise without the expected retracement, it could signify unprecedented market strength. I conclude by expressing a mix of caution and optimism, considering the potential for short-term dips alongside a strong, bullish long-term perspective. Additionally, I mention some personal discomfort due to recent wisdom teeth removal, aiming for a more relaxed tone in this video.
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*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.
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