In this video, I discuss the current state of the crypto market, focusing on the total crypto market cap chart. I analyze the prolonged consolidation period the market has been experiencing and highlight two key indicators on the chart – the first purple line representing a potential structure breakout, and the second purple line signaling the start of altcoin season. I then explore the correlation between Bitcoin’s price movements and global liquidity, suggesting a potential Bitcoin breakout could occur between September and December based on historical patterns. Additionally, I examine the performance of altcoins like ADA and Matic, noting their similar consolidation patterns post-Bitcoin halving, and discuss the potential drivers of future market movements, including increased liquidity and a hedge against a falling US dollar. Throughout the video, I emphasize the importance of closely monitoring these data points and being prepared for potential divergences from previous market cycles.
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Intro 00:00
Foundational timeline 00:50
Global liquidity all time high 4:00
Exact timeline for breakout 5:20
Caution caution caution 6:10
Altcoin examples 7:45
How will crypto go higher? 10:00
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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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