As Bitcoin price enters oversold area, it seems everyone has a different opinion on what will happen next. Is bitcoin bull market paused indefinitely? Will bitcoin bounce up from here?

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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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30 COMMENTS

  2. You have to understand those indicators are lagging state of the price movement … meaning if the price keep dropping you will never get your "cross over buy signal" … although I'm not that smart and new to trading but I realized quickly that fighting the trend and living in fantasy world of bitcoin going to the moon is stupidity and the people that keep buying the dips they technically donating money to the smart bears whom keep shorting every top because we are in down trend we are in bear market … I'll continue shorting bitcoin until no body make any video about it and every one gives up and forget the moon .. then I'll start accumulating it will be good price then.

  3. In China the corona virus and the fear about it is receding and factories/normal life and businesses are starting up again… in the next few weeks that EU/N-America are in fear I think that China will be buying up crypto (and stocks) BIG TIME…
    stay safe everyone, wishing all everything good 🙂

  6. SARS is a coronavirus. Swine flu, bird flu, yadda, yadda, yadda. Sorry, Im not buying it. Old people in poor health are the fatalities. Its a cold for cyrin out loud. Worries of the world are for chumps. Fear not.
    BTC has flatlined and is moving totally sideways. I would not buy until a direction is indicated. I bought at 6000 and I have more capital if it dips more, if not my 6 purchase will do just fine.

  7. Once the narrative in the media starts to turn more positive which is slowly happening since we are understanding every day more and more that this is just a stronger flu but if you get it, definitely not a death sentence! Only 0.2% chance of dying for anyone with it under the age of like 45. Elon musk himself said you have a far greater chance of dying in a car crash, Which is True(1 in 103 about 1%) (but we don't fear driving everyday!!) I think a HUGE indicator will also be once sports opens back up, If we see NBA says we feel it's not as big an issue as we thought starts season back up in mid April/May along with MLB, people will realize nothing to worry about go back to living your life. THAT is when markets will start coming back, especially Crypto since everything is GREATLY discounted!

  8. WHY U THINK BTC TREND IS UP FOREVER.THE TREND CHANGED AT 14K AND BECAME DOWN TREND ,NOW LOOK FOR CONFIRMED UP TREND ON MONTHLY AND WEEKLY CHART,BUT NOT ON RSI ,STUDY THE RSI MORE IT CAN RUN IN OVER SOLD AREA FOR MANY MONTHS IN VERY WEAK TRENDS.BTC DID NOT MAKE LONG TERM BOTTOM YET.

  17. I'm afraid lower is in the cards. Roughly $2200 would be about an 84% correction from 14K top. Coincidentally same for 2018 capitulation from top to $3100 84%. You can really view these pumps as 2 complete cycles and their own bear markets rather than one long bear market. Granted the 2nd pump is the worlds shortest bull market but if viewed this way you can sort of see how $2200 is probably coming soon (if not lower). Supply vs. demand at the end of the day. You can only explain a bear market as too much supply. Yes perhaps things will get better after halving and some recovery period.

  18. Lets conspiracy theory this up. If BTC is a hedge, yet it tanked, then what would happen if btc actually rallied through these difficult times? As a government, controller of major institutions or whatever saw this then I wouldn't be happy. I would manipulate it to keep people in traditional stocks and drive the economy up. If everyone moved to bitcoin like we all want, then I would do everything in my means to stop it. BTC was holding until that one day in history if all fell apart. Think about it.

  20. Hi Dan, great video / TA / Info as always, but I think a LOT of people are not looking at the " Supply Shortages " world wide. It's like a CAT 5 HURRICANE is hitting / coming to every corner of the world. I think the Shortages may continue for a while. the only " Good " thing, is that I heard that the Big Money wanted to Sell their Stocks, and were LOCKED OUT, so they sold their BTC. once everyone looks at the Big Picture, they will be coming after BITCOIN like they are for TP right now. Just imagine, Masses WORLD WIDE wanting / needing TP, I mean BITCOIN ?? And OH YEA, the SUPPLY of Bitcoin WILL be Cut In HALF in 50 Days, with or without the Virus / Bioweapon / Bail Outs / etc…… and it will stay that way for 4 Years. IF I have to HODL 4 more years, so be it. and I too had to buy a little more BTC on the DIP. not many fingers left, catching those knives ain''t so easy

  24. Bitcoin price is following the stock market if the stock market crashes on Monday so will bitcoin if the market rallies will see an uptick. pretty simple. Bitcoin has proven not to be a safe haven from the stock market so in a way it’s good because it makes it easier to predict

  29. You guys have always said “invest only the money you are willing to lose”. Well, under the circumstances people will face in the near future, that money will soon move back into the “necessary” realm. Do your own considerations.

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