Thursday, Nov 21, 2024
CLOSE

BITCOIN BOOM BEGINS: $85K In Sights!

In this video, I discuss the recent bullish momentum of Bitcoin, emphasizing its breakout towards the $70,000 mark, currently hovering around $69,000, as observed on a four-hour chart. I delve into the crucial areas of attention for Bitcoin's short-term movements, highlighting a post by a user named Thomas on social media platform X, which contrasts the current Bitcoin position with its stance when it last hit $67,000 in 2021. This comparison underscores a complete reversal in market conditions, suggesting a "perfect setup" for Bitcoin. I analyze Bitcoin's journey through the lens of technical analysis, from its behavior on weekly charts—spotting similarities with past bull market cycles—to its struggle and recent victory over the 20-day moving average. Furthermore, I explore Bitcoin's interaction with a lower high Fibonacci resistance level and discuss the implications of its current position within this technical framework. I touch upon the potential for an inverse head and shoulders pattern to propel Bitcoin towards a target of $76,000-$77,000, while also acknowledging the possibility of consolidation or retracement, especially in light of the upcoming Bitcoin halving.

Subscribe, Like, Follow me www.twitter.com/cryptorecruitr

Intro 00:00
Zoom out now! 00:30
Bitcoin weekly is spot on 1:50
$85,000 BTC target 3:00
Bitcoin price on short term 3:50
BTC resistance challenge to watch 5:00
$76,000 target 6:00
Bitcoin price fakeout 8:00
Crypto bullish 8:30

Join this channel to get access to perks:


🟩 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 ➡

⚡ Catch Me On Twitter


Crypto Capital Venture New - Cycles of Bitcoin -
☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰

*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

Read More
By: Crypto Capital Venture
Title: BITCOIN BOOM BEGINS: $85K In Sights!
Sourced From: www.youtube.com/watch?v=PHkJa0aVVao


----------------------------