In this video, I discuss the formation of a new weekly Bitcoin candle and its implications for the upcoming bull market. I highlight the importance of understanding the rapid pace at which crypto cycles progress and use the recent closing of a monumental weekly candle as a foundational data point. I delve into Bitcoin’s short to midterm targets, pointing out a potential rise to $70,000 and $85,000, based on the analysis of rising wedge patterns signaling a bullish trend. This video also explores the concept of “bull market doors,” a key Fibonacci resistance area, and its significance in identifying the parabolic phases of Bitcoin bull runs. By examining historical data and cycles, I speculate on the duration of the current bull market, suggesting it may last less than a year based on past trends. Additionally, I consider the potential impacts of institutional investment and macroeconomic changes on the crypto market. I conclude by emphasizing the need for preparedness and strategic planning as we navigate through these volatile yet opportunistic times in the cryptocurrency landscape.
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Intro 00:00
Short to mid term Bitcoin targets 00:40
Massive weekly candle close! 2:50
How long will the bull market last 3:05
Bitcoin cycle momentum 4:25
How many days until end of bull market? 6:10
Coming up with plan now 8:25
Bull markets may be getting longer 9:45
One signal to look for at end of bull market 11:15
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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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Great video thank you. Solid perspective
really good content. thanks for the analysis/update.
How many of those days are the alt season?!
Appreciate the update always on point
Cardano to $1.50🎉🎉🎉
Is jerome powell speech next week if so is it looking hawkish or dovish? Anyone know?
Should people get in if they are not
A breath of fresh air in the digital landscape; an inventive departure from the ordinary.🌺
New 52week high right now!!!
🎉🎉🎉🎉🎉
Meticulous craftsmanship on display; each frame a masterpiece painted with meticulous detail.😘