BITCOIN Bulls & Bears AT WAR! CHAINLINK May Ignite Altcoin Frenzy! (Cardano & AVAX in Rotation)
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In this video, I delve into the current excitement surrounding the cryptocurrency markets, particularly focusing on Bitcoin’s intriguing movements at key moving averages on the daily chart, and the potential implications for altcoins like Chainlink, ADA (Cardano), Ethereum, and AVAX (Avalanche). I zoom in on Bitcoin’s potential retracement to significant moving average levels and discuss the possibility of a similar historical pattern repeating itself, emphasizing the critical juncture Bitcoin finds itself at with regards to the 50-day moving average. Furthermore, I highlight Chainlink’s remarkable weekly candle and its potential as a leading indicator for a bullish shift in altcoins. The discussion includes a detailed analysis of moving averages, resistance levels, and the RSI indicator, suggesting that the crypto market might be on the brink of a new momentum phase, especially if Bitcoin can sustain its position above key moving averages. Additionally, I explore the implications of Chainlink’s performance for other altcoins and consider the broader market structures and potential price targets, suggesting that the coming days could be pivotal for the crypto market’s direction. I encourage viewers to subscribe and like for more insights, as I aim to unravel these complex market dynamics and their potential impact on cryptocurrency investments.
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Intro 00:00
Bitcoin 00:35
Bitcoin bulls & bears at war 4:00
Link Breakout move 5:55
Link as altcoin leading indicator 8:45
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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.
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