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BITCOIN Throws A Curveball! CARDANO Target Leaves ADA Holders ON EDGE!
In this video, we analyze the recent development of Bitcoin's 20-week moving average crossing above the 200-week moving average, a notable event in Bitcoin's history. However, caution is warranted as similar crosses in the past have not always led to immediate bullish moves. We explore the potential scenarios for Bitcoin's price action and highlight key support and resistance levels to watch. Additionally, we examine Cardano's charts, including its consolidation pattern and the possibility of a double bottom formation. Despite the current challenges, we maintain a bullish outlook for Cardano based on its fundamentals and long-term potential. Stay tuned for more technical analysis, crypto news, and market updates. Don't forget to like and subscribe for daily content.
Intro 00:00
Big moving average move 00:45
BTC targets 4:00
Cardano 7:25
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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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