Where is Bitcoin most likely to see price resistance? In this bitcoin technical analysis video, we discuss the fibonacci retracement in terms of resistance for btc price.

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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31 COMMENTS

  1. I always love your content and hope you keep this up. My best times with bitcoins actually has been from mid last year till date, the heat of the bear market and this is because i made the most profit ever within this period. The popular notion has always been buy and hold and become the smart guy who held 5-10 years ago. My personal experience coupled with happenings in the crypto world has clearly debunked this for me. First of all, i lost some money when i held but within just 1 month of trading, i recovered losses i had accumulated and within same period, started making a minimum of $10,000 weekly in profit. Special thanks to Mr Rose Parker who made this possible with her system of strategy and signal sharing which are so easy to implement in trade, profiting seemed seamless. She guided me like i knew nothing but was so specific i felt i knew too much already in no time and with his system, its been good all the way. I’d love to not only talk about her but also share she contact for the benefit of others who are struggling to turn in profit or who have a hard time keeping their profit trend steady. You can contact her on Email (roseparker3037@ gmailcom)

  2. I am sad and as well as happy about the increase in price of Bitcoin, i am happy because Bitcoin is changing lives but i am so sad right now because I am not among the lives. I would love to be among these people but i am not capable, I dont wanna goto jail for illegal acts because that is the only way of getting rich asap. Bitcoin investment is here, i wish i could invest but people with good heart arint around this world, so sad right now. I dont know if here is the place where i could find someone with good heart that would make my life better, your donation would help so i could start up with Bitcoin investment

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  3. Expecting uptrend to continue for Bitcoin and Łitecoin going into the reward halvings.?

    Great article from Yahoo Finance overleaf ‘Litecoin now accepted by more than a million hotels and airlines’

  4. So I have been following your videos for some time now and and here are some of the take aways that I have learned from your videos.
    1. In the event a bull market, bitcoin often sees a consolidation (or price decrease), when the security is relatively overbought. (Also, in bitcoin's situation, the RSI often acts as a resistance, which tells me that the asset is over extended and is due for a consolidation. However, if the asset breaks through that resistance level, we could be looking at a new high or a bullish move to the upside. Therefore, basically after bullish uptrend of 2-5% I adjust my stop-loss to lock in my profits,
    2. When bitcoin reaches new highs, obviously, there is a consolidation, but what is interesting to note is that security very consistently makes a "retracement" back up to the .618 to .718 line.
    3. Another pattern that I notice that I don't think you mentioned in your videos is that the 200-Day moving average on your chart (or at least what I think it is) is also acting as a level of support during the bear market and price consolidations. This pattern has been relatively consistent and I'm not sure when I should sell my bitcoin (2 bitcoins) because in the event of consolidation, I will lock in my profits, and by fractional shares through robinhood.
    4. Lastly, assuming that the fibonacci indicator plays out in this scenario and we do see a consoliation, once the asset reaches that 12.7K target, we should expect a price drop to around 9-9.5k?

  5. Firstly, resistance is quite strong and there has been rejection already like 3x but some positive signs still show anyways in my personal opinion, bitcoin if its able to break above $18,500 again ,may quickly see us into the $30,000 range . Nevertheless, crypto has shocked us in the past especially the last year with predictions of price that went completely wrong. I hope to see more proponents for mining/trading which obviously has been a more secure consistent and profitable means of earning off crypto. It has also been proven over and over again that winning in Cryptocurrency Bitcoin mining is a combination of experience and good strategy and you can always join the winning team of a more experienced miners with already working and proven strategy and softwares . One of the best remains crypto crow and with him, i have been successful in my trades at least 98% of the times and have realised over $60,000 in profit, MAY 2019 alone so i advice you forget predictions and start making good profit now because future valuations are all speculations and guesses. For all questions reach him at cryptocrow800 at gmail .com and gain more with your little experience

  6. When it was 8k resistance will be 8200, when it was 9k resistance will be 9400 when it was 10k resistance will be blah blah blah ….. these constant updates get insanely dull after a while. The top and bottom is you're as clueless as we all are.

  7. I made my recent cost average purchase at the tripple tested low of 7700. And I think BTC will move above 11,300 now..

    My only advice for investors and newbies is to take advantage of Mr James’s program, a pro trader who’s is helping investors/newbies accumulate more bitcoin through his amazing trading strategy, with his program I went from having 2.5btc to 11btc in just 3weeks. You can reach him on knappjames26 @gmail or telegram @cryptoJamesKnapp also on Whatsapp +1 (916) 587-2620 and thank me later.

  8. Really appreciate your analysis. I don’t know if crypto can be plotted like regular stocks, but your graph has been holding true. Thank you

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