Staggering BITCOIN PREDICTION: Standard Chartered Says $50k By End Of THIS YEAR

1 year ago
23

In this video, I discuss recent Bitcoin price predictions and their implications for the market. Standard Chartered recently raised its 2024 Bitcoin forecast to $120,000, while a prediction from four days ago suggests prices could reach $125,000 by the end of 2024. I analyze these predictions in the context of my macro technical analysis and examine the short-term consolidation Bitcoin is currently experiencing. I highlight the importance of the 20-week and 20-day moving averages and discuss the potential for Bitcoin to make a move towards $50,000 by the end of this year. I also introduce a new CCV oscillator indicator and explain its significance in determining Bitcoin's direction. Overall, I provide insights into the ongoing price dynamics of Bitcoin and offer my perspective on the potential future movements of the market.

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https://www.coindesk.com/markets/2023/07/06/bitcoin-could-rally-to-125k-by-2024-end-matrixport/

https://finance.yahoo.com/news/standard-chartered-bumps-bitcoin-forecast-093414006.html

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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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