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BITCOIN BREAKOUT Means NOTHING Until THIS Happens… [Video]

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BITCOIN BREAKOUT Means NOTHING Until THIS Happens…

Thanks to iTrust Capital for sponsoring this video.

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In this video, I discuss the current state of Bitcoin’s on-chain metrics and market cycle analysis. I revisit a previous post from March 2024 by On Chain College, which highlighted the supply last active one plus years ago metric as a potential indicator of market conditions. I acknowledge that I may have been wrong in my previous assessment and explore the similarities between the current market and the 2019 consolidation period. I analyze the potential for a prolonged consolidation phase, similar to 2019, and how it could impact the so-called “super cycle” narrative. Additionally, I provide an in-depth look at Bitcoin’s daily chart, focusing on the key moving averages and potential resistance levels. I also promote the crypto IRA product offered by the sponsor, ITrustCapital, as a tool for macro-minded crypto investors to potentially benefit from trading the market cycles.

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Intro 00:00
Predictive BTC metrics 00:40
2019 data vs. now 1:30
I was wrong about this cycle 3:30
Altcoin season approaching 6:15
We are getting close to bullish 7:00
iTrustCapital 8:10
Current Bitcoin move means nothing 9:30
Resistance in next two days 11:15
If Bitcoin goes lower 12:00
Bullish BTC move 13:00

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🟩 Bitcoin 4 Year Cycle Prediction – This May Change Your Mind On BTC
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*Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.

*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

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 price moves 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.

#crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin

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