Saturday, May 18, 2024
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BITCOIN Bull Market FAR From Over! CARDANO Prepares UNTHINKABLE Move!

In this video, I discuss the recent movements and potential future trends of Bitcoin and Cardano in the cryptocurrency market. I start by noting a minor bounce in Bitcoin's daily chart and mention a similar trend in Cardano's performance. My primary focus is to simplify and quickly break down the most crucial aspects of these cryptocurrencies' charts, particularly in the short term, while also providing a macro perspective on the current market situation. I express surprise at the notion that the crypto bull market is over, emphasizing the importance of not succumbing to emotional herd reactions during market dips, and instead, advising viewers to zoom out, study past cycles, and prepare for future movements. I delve into technical analysis, highlighting significant chart patterns and indicators such as the RSI levels, Bitcoin's halving events, and Fibonacci resistance areas, which I refer to as "bull market doors." I also cover the accumulation data among Cardano whales, suggesting increased confidence in Cardano's long-term potential. Throughout, I maintain a balanced viewpoint, considering both bullish and bearish scenarios, and conclude by reminding viewers of the importance of patience and readiness for any market condition. I encourage engagement through likes and subscriptions, and end with a note of optimism mixed with caution, emphasizing readiness for all possibilities in the volatile crypto market.

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Intro 00:00
Crypto bull market just beginning 00:30
Key Bitcoin weekly data 00:55
Bitcoin price on daily now vs 2017 3:40
Room for more downside 4:25
BTC targets to upside 6:00
Cardano whales buying 6:35
Nice monthly Cardano chart 7:20
Cardano weekly needs to do this! 8:00
Can Cardano do the unthinkable? 11:30

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*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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By: Crypto Capital Venture
Title: BITCOIN Bull Market FAR From Over! CARDANO Prepares UNTHINKABLE Move!
Sourced From: www.youtube.com/watch?v=3xSkT9SVshQ


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