In this video, I discuss the potential for a significant Bitcoin price move following the upcoming Nvidia earnings report and the broader implications for the cryptocurrency market. I analyze the historical Bitcoin cycle patterns and their correlation with the NASDAQ 100, highlighting the similarities to the 1995-1996 internet boom. I also examine key technical levels and support zones for Bitcoin, emphasizing the importance of holding the moving averages and breaking above resistance at $65,500 to initiate a parabolic move. Additionally, I explore the potential for altcoin season to kick off in November and the impact of Bitcoin’s consolidation on the broader crypto market.
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Intro 00:00
NASDAQ Overview: 00:30
Is Bitcoin mirroring Dot Com Explosion? 1:30
Historical Comparisons & Correlation 3:00
Macroeconomic Factors & Uptrend 4:30
Bitcoin’s Historical Cycles 6:00
Bull Market Doors 6:30
Stock RSI & Momentum: 8:15
Daily Chart Analysis 9:00
What if Bitcoin Price Falls? 11:20
Bitcoin Breakout Area 12:20
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*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.
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