this bitcoin chart is insane (big for altcoins)

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In this video, I discuss the current consolidation phase in the crypto market, particularly focusing on Bitcoin's price action on the 4-hour chart. I analyze the broader landscape of the crypto market, including the start of altcoin season and the cycles of Bitcoin dominance. I examine the total crypto market cap, excluding Bitcoin and Ethereum, to assess the volatility and price action in the altcoin market. Additionally, I compare the current market conditions to the previous cycle, highlighting similarities and potential scenarios for Bitcoin's price movement, including both upside and downside targets. Throughout the discussion, I emphasize the importance of visualizing multiple scenarios and using historical data to inform market predictions.

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Intro 00:00
Key points on altcoins 00:30
Bitcoin dominance 1:45
Altcoin consolidation 2:50
The insane Bitcoin daily chart 5:00
BTC price action and targets 6:45

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Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX...
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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.

#crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin