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BITCOIN PRICE STUMBLES THROUGH CRITICAL SUPPORT!! IS BTC IN A NEW DOWNTREND?

Is bitcoin price in a new downtrend now that is has broken important support? Is bitcoin still bullish or have the btc bears entered for the short term?

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Legal: *’The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.’
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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 moves 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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  1. Bitcoiin started a strong downside correction from the 9,945 high against the US Dollar. BTC tested the 8,8OO support area and it is currently correcting higher meanwhile Ethereum is trading nicely above the 192 and 200 support levels against the US Dollar ETH price could start a strong rally if it clears the 210 and 215 resistance levels so I Ran into a video in Feb Early this year, I found so many people showering Accolades to a man named Dr Alfred Churchill who has made a great Impact to so many young crypto investors since last year, some said he has the best strategy to trade Bitcoiin, I was so tired of Gdax and Binance small profits i was getting, so I reached out to him and he gave me the best tips to excel in the world of Crypto. Now I don’t just Hodl, I make more Gains than i expected after 3months I can Boast of increasing my Portfolio from 2Btc to 39Btc all Thanks to Alfred’s Almighty Formular reach out to him through Telegram  Crypto_love Or whatsapp +1{319} 499 5Ol8 for inquiries about his trading program

  2. If you look on the triangle since 2017 and look at monthly rsi. I have a guess it will break downward. We need to see the monthly rsi to oversold yet before we wish for a complete bull market.

  3. The long term economic forecast is a world wide depression… Why do analysts not talk about this? Bitcoin is like a tiny boat trying to make it through a tsunami.

  4. The trend line from march 12 to today is still holding if it's going to brake then we have a problem. those 1hr or 2hr charts that you are showing that is nonsense

  5. I hope btc goes down as lowest as usd 6200, not to break the monthly lower low, having said that look at the financial markets loads of printing fiat, the market may go up and with it btc
    The fed is buying all and we will be heading to digital fiat currency very bullish for btc.
    Look at the us 10 years Bond Yield it should be an important reference.
    BTc is not decoupled from this fake economy.
    We all should be extremely careful, more than ever.

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