Bitcoin is showing great signs of a bullish breakout. However, it is extremely important to note that failure to complete current pattern could create a large downside for btc price. In this bitcoin technical analysis video, we discuss the current ascending triangle in bitcoin and compare it to the most recent bearish bitcoin pattern.

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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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24 COMMENTS

  1. i like ascending and descending triangles, my experience shows definetely a probability of about 70%. has anyone any statistics about ascending and descending triangles to quote?

  2. Bitcoin will still go bullish soon and the best thing to do at this moment is to invest what we hold in our wallet, As a new bee watched videos on here to improve my trade and came across pro trader Josephine Raymond in the comment section of one of these videos . She helped me make 14Btc investing just 2Btc in one week. You can reach her on jraymond64479@gmail.com to know more about her wining strategies.

  3. BTC will NEVER break that trendline resistance before it completes it's full market cycle bottom. As it stands on 3/14… 4,300 is the highest price line action it can or will go/reach.

  4. It's only around a 1K to mine with the new 7mn miners. We all need to dump hard to get into the range JPMorgan has suggested of 1260. SEC wont approve any ETFs and let institutions buy as it's high risk for them to be professionally dumped on.
    We have the rest of the year anyway to show the SEC a safe entry point for them to approve on. We should show them 1200 and hope they like it. Any mining firm's now using old gear with high cost power than can't do a 1K BTC need to exit the market now.

  5. The EMA's appear to be parallel for a little while on the downturn, and look like they are closing toward each other currently, so maybe we have a good bit more sideways, then Break OUT / UP Hopefully, lot of Chatter about April / May time frame, maybe draw it out a little into the future a month or two on the next episode of " Charting with DAN " 😉 THANKS !!!

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