Bitcoin Hits *BREAKOUT ZONE* Right Now! ALTCOIN RALLY Forming!
In this video, I discuss the potential breakout of Bitcoin and altcoins, drawing parallels to the market setup from November. I analyze gold's current price action, noting its similarity to the pre-bull market movement in 2020. On Bitcoin's weekly chart, I highlight the recent RSI breakout and the first weekly candle above the 20-week moving average. I'm focusing on the resistance zone between $96,000 and $102,000, which is a lower high Fibonacci retracement level. I caution viewers about potential throwbacks to moving averages, comparing the current chart pattern to the previous market movement in late October. The key takeaway is that while the signs are promising, investors should be prepared for potential volatility as Bitcoin tests this critical resistance area.
Intro 00:00
Potential tariff news today 00:15
Gold is topping out again 00:45
BTC weekly breakout 1:50
Bitcoin price resistance and targets 3:00
Altcoin boom loading 5:40
Altcoin throwback caution 6:20
Altcoin breakout 7:10
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🟩 Bitcoin 4 Year Cycle Prediction - This May Change Your Mind On BTC
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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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