Tuesday, Apr 30, 2024
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Bitcoin Halving SHOCK! CARDANO Cycle Chart Reveals ADA Launchpad.

In this video, I discuss the imminent Bitcoin halving and how its price might interact with this significant event, comparing the current situation with previous cycles to anticipate potential outcomes. I delve into the Bitcoin daily chart, examining short-term price action, and also explore ADA's performance, both in relation to Bitcoin and on its own, highlighting its current state and potential short-term price movements. I emphasize the unusual market activity where Bitcoin is breaking through significant resistance levels before the halving, a deviation from past cycles. Additionally, I dissect ADA's situation, referring to it as "peak fear season" and analyze its historical performance during similar phases in past cycles, suggesting possible future movements. I aim to provide insights based on data and patterns observed in past cycles, stressing the importance of focusing on data over market noise, and maintaining a watchful eye on key indicators and thresholds that could signal significant price movements for both Bitcoin and ADA as we approach the halving event.

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Intro 00:00
We are early! 00:45
Bitcoin halving 2:00
Consolidation is normal 5:00
Be careful of BTC resistance 6:40
Cardano peak fear season 8:15
ADA vs. BTC 9:40
Potential power move for Cardano 11:00
Short term ADA price action 12:45

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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 Halving SHOCK! CARDANO Cycle Chart Reveals ADA Launchpad.
Sourced From: www.youtube.com/watch?v=bscwQalRrX8


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