00:30 How did Bitcoin get here?
00:55 Macro Inverse Head and Shoulders
1:10 Micro Head and shoulders
1:30 50 day moving average
2:05 50 week moving average
2:20 Fibonacci Retracement
2:40 Lower highs on long term charts (full context)
3:10 How the lower highs develop
5:20 Mid-term direction of BTC being decided
6:15 14 days away from big bitcoin move (my prediction)
There is a good chance my btc price prediction fails and I am wrong. Please do not take this as financial advice. However, in light of having fun with btc charts, the data is clear as day in front of us. Bitcoin price is about to make a big move and in that move we can receive either bullish or bearish confirmation. Maybe I am being optimistic in thinking that we will get a bull move to the upper $11k’s. Either way, the point is this – be ready for any bitcoin price move to the upside or downside and prepare for all scenarios. A bitcoin price prediction is just that, a prediction. Be careful out there and be patient.
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📝 *The above video references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. This video contains my opinion only and is not meant to cause harm or defame anyone or any entity.
Please understand that cryptocurrency trading and investing is risky. I am not offering advice on how you should trade or invest in cryptocurrency. This channel is reserved for me to track my own journey and document my opinions along the way.
This is not an offer to sell or buy securities.
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.