Bitcoin Sideways Coming To End! Cardano Path to $1 Mapped Out!
In this video, I discuss the current state of Bitcoin on the weekly chart, noting how it's been in a prolonged consolidation phase for over two months. It feels like only a week ago Bitcoin was testing all-time highs, but it's actually been months of stagnation. I'm going to show you how this consolidation might end and speculate on possible targets. We compare Bitcoin's current situation with past cycles, highlighting similarities with 2013 and 2017 when Bitcoin also faced prolonged consolidations before breaking out. Despite this uncertainty, Bitcoin’s position near the 20-week moving average suggests a potential pullback before resuming its upward trend. We'll analyze the daily chart for key resistance levels and patterns like the inverse head and shoulders, providing potential bullish and bearish scenarios. We then pivot to ADA (Cardano), examining its weekly and daily charts, and how it has historically interacted with its 20-week moving average, often leading to bullish moves. Using past fractals and timelines from previous cycles, we estimate how long it could take for ADA to surpass $1 again, potentially by the end of summer. Hit the subscribe and like buttons as we explore these trends and targets in detail.
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Intro 00:00
Bitcoin weekly almost done consolidating 1:45
One more dip? 4:30
Short term BTC price targets 5:00
Breakout to watch for 6:30
If Bitcoin falls 8:45
Cardano bullish signal 9:45
When will ADA break $1? 12:00
Cardano could have another dip 13:45
Realistic timeline on Cardano 15:30
Bull breakout scenario 16:40
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🟩 Bitcoin 4 Year Cycle Prediction - This May Change Your Mind On BTC
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*Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.
*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.
