Bitcoin has a bullish inverse head and shoulders on the 4 hour chart but overbought on the weekly. In this Bitcoin technical analysis video, we discuss the potential bitcoin price moves ahead for BTC.

Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/

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Crypto Capital Venture is big on tracking bitcoin and litecoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price and Litecoin price move 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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26 COMMENTS

  1. Thanks for the video! BTW, if anyone is interested I found a really interesting crypto project called "Pi". It's a crypto that is based on people using their phones and our own social networks. It's currently in BETA testing now, and you can earn pi really easily using your phone. Go to your app store and look for "Pi Network Lite" (Google Play Store) or something similar in iphone app store. You will need the referral code "hyrumg" to gain access to the Pi Network through the app. Anyways, check it out and good luck!

  2. Think it's better to look at MFI instead of RSI, Also on the weekly BTC is only at 79 at MFI. I really think when it comes to Crypto the overbought and oversold should be changed to 10 and 90 and not the traditional 20 and 80.

  3. I got a question for you because you talk like the numbers we hit is not because people are buying and selling bitcoin. Do you think it’s just these price points that bitcoin hit and it gets rejected on some imaginary stuff or it’s a lot of people buying & selling at different price points to cause the up and down fluctuations in price? Just to be clear I think it’s buyers & sellers in the market who hold different amounts of bitcoin and they choose to sell at different points and buy back in. What do you think?

  4. News of Deutsche Bank In trouble in Europe. One of Europe’s most established Banks.18000 redundancies worldwide. Could be bullish news for Bitcoin and Łitecoin. Good cautious video as usual ?

  5. Props to all the work you do, and help you give to keep a balanced view on the markets. I always feel prepared and informed on any eventuality up or down with the content you present. Bravo Sir!

  6. Ltc has a pretty good descending wedge with volume shrinking on the 2 HR LTC/BTC chart. Possibly a nice break out towards the upside if it can .0103 btc.

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