I am not adjusting my bullish bitcoin outlook until BTC price breaks certain levels, none of which have been broken. In this video, I discuss why bitcoin still looks bullish to me.

#Bitcoin #btc

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

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Legal: *’The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.’
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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 moves 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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29 COMMENTS

  2. If we get to 5k levels, most people will not have the patience you are talking about. Most people are not going wait throught the winter that is going to propaply take at least 5 years, until the the next all time hight.

  6. Dan you called the 7,5 k as a real possibility ( I have said will buy @ 8k I did @ 7,8k when btc was dancing around 10k) you were brilliant and I think you just vision the reality of BTC
    BTC is on its way to a bull market, not yet
    This is the time to buy your favorite coins whatever its name
    I think ETH is in the best form (also chainlink and Tezos) I will make an investment in ETH when it gets between 180 to 190
    Eth around 180 to 190 usd is a great buy with a pullback of 35% what are you waiting for? If you are a fan of LTC great opportunity too, not to mention XRP
    Dan you have been superb!!!!

  7. Very bullish. Buying anytime I have extra cash to invest. Holding for the long-term, buying whenever I can. It is obviously the future of finance without a middle man taking a huge cut of everything. Traditional finance 1.0 charges way too much in fees for doing what I now can do on my own at anytime I choose for essentially no cost to send money anywhere in the world – this is what crypto does for anyone on the planet with good internet access. I see no reasonable reason why crypto will not take at least a 10~20% share of the world's international instant money transfer market that today is in the trillions of dollars each day. Crypto is good.

  8. If Bitcoin moons in this upcoming bull cycle and you sell close to the top as planned do you ever consider who you may be selling your bags to? These would be ordinary people caught up in fomo, unaware of the immense risk that what you just sold them is about to crash 90% in value within the coming months. However, for you to profit they must buy. Their loss will be your reward.

  10. Man, that's awesome technical analysis wow. I wish I followed your last video on the old cycle. I got wrecked leverage trading even on a low leverage. I was only using a 5X leverage. And I went in somewhere in the high 8k area. Lesson learned man

  11. I invest as a hobby just a little each month and im just going to keep buying. Crypto always goes back up. It goes down it goes back up. Im in for the long term. If it explodes we win. Lol.

  12. I was checking out your TA,
    noticing that your fib from 3k bottom to 14k top
    is not logaritmic as instead your price chart suggests to be..

    so my question here is,
    (and I have to say I don't know very much yet of best fib use in crypto market)

    Is it doable to use "no log set" fib retracemente in a "log chart"?

  20. People need to stop focusing on Technical analysis to determine the price of the market. Market fundamentals show the direction of a market. New circumstances are now in play that we’re not in the past. I called 10,500 as a top weeks ago and everyone got mad. This correction will go lower and last longer than people think. Summer time you may see a turn around for another relief rally (like every rally has been since ATH). At that point it will be just another lower high again. Bitcoin futures is controlled by Wall Street. If Wall Street isn’t doing well bitcoin will never do well. They are ok with that because they don’t want high prices for bitcoin. This halving will come and go and miners will exert even more selling pressure than ever before. This will be a corrective halving. Bitcoin is way ahead of itself and the bubble is still deflating from 2017. If you can’t see it right in front of you, you have no sense how the system works. Lines on a chart can be manipulated, stretched, and compressed to fit anyone’s narrative. Why do you think all these “chartists” have different charts and views? Because it’s all a load of garbage and people need to wake up. Bitcoin is never hitting 100k and I feel so bad for all the poor souls who think it will. Look what happens when the stock market crashes and the economy takes a dump….so does everything else. Bitcoin is not a safe haven. Until the Dow is roaring again and making new all time highs don’t expect bitcoin to do much. You are years and years away from seeing potentially a new high. Being realistic, maybe 30,years when inflation catches up. God bless all of you. Good luck

  21. Extremely bullish article overleaf from WHO encouraging the use of crypto to fight the Corona virus. (See overleaf)

    ‘Conquer Corona with Crypto’ ?

  26. The price of Bitcoin had to break through the $9,150-9,3OO level to sustain any upwards momentum. However, the test failed, and confirmation of resistance was done. Ultimately, a test of $8,2OO level would warrant any success, but even that level couldn’t provide any support. Leaving the next support zones, after which BTC bounced at the $7,6OO level. It's smarter to earn profit and stack up in this bear market by getting your hodlings into active trading market from which I have grown my portfolio from *2.9btc-11btc already, with the help of Mr George Wallace’s trading guide and signals,Which have been lucrative trading with. if you are looking for a way to increase your portfolio or investment, Contact him via Telegram @Georgewallace11

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