In this video, I dive into the current state of Bitcoin and ADA, focusing on key resistance and support levels. Bitcoin is presently at a crucial juncture, with the 200-day moving average acting as a significant resistance. ADA, on the other hand, is showing potential bullish divergence compared to its previous cycle, with a chance to break resistance levels on its path to the upside. These are pivotal moments in the crypto markets, and I’m keeping a close eye on how they play out. Whatever the outcome, it’s essential to remain unemotional and track these developments to make informed decisions in the ever-changing crypto landscape.
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Intro 00:00
Bitcoin cycles 00:50
BTC resistance 2:10
Bitcoin price targets 5:00
Cardano short term move 7:35
Cardano cycles consistency 8:55
ADA targets 10:15
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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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