Thursday, Nov 21, 2024
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CRYPTO SuperCycle Far From Over!

In this video, I discuss why I believe there's still a lot of bull market left for Bitcoin. I explain that the parabolic phase many have been anticipating hasn't even started yet, and I use the RSI on the monthly chart to illustrate this point. Comparing previous bull markets, the RSI has consistently moved into overbought territory, signaling the start of significant price movements. I delve into the historical pattern of the 20-week moving average crossing above the 50-week moving average, which has preceded major bull runs in every cycle. Based on this, I argue that we are currently only 413 days into this cycle and potentially have much more time before reaching the peak. I also touch on the potential for a supercycle, driven by institutional adoption and favorable political developments, which could extend this bull market even further. Lastly, I explore the timing of altcoin season, suggesting it might kick off around late summer, and emphasize the importance of patience in navigating these market cycles.

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Intro 00:00
Bitcoin dips along the way 1:10
The pivot point of bull cycles 1:55
How long will this bull cycle last? 3:00
Exactly how this could be a super cycle 5:00
Exactly when I think altcoin season will be 6:20

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By: Crypto Capital Venture
Title: CRYPTO SuperCycle Far From Over!
Sourced From: www.youtube.com/watch?v=bp7rDtnzGHk


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