BITCOIN BREAKOUT Means NOTHING Until THIS Happens...

Thanks to iTrust Capital for sponsoring this video.

In this video, I discuss the current state of Bitcoin's on-chain metrics and market cycle analysis. I revisit a previous post from March 2024 by On Chain College, which highlighted the supply last active one plus years ago metric as a potential indicator of market conditions. I acknowledge that I may have been wrong in my previous assessment and explore the similarities between the current market and the 2019 consolidation period. I analyze the potential for a prolonged consolidation phase, similar to 2019, and how it could impact the so-called "super cycle" narrative. Additionally, I provide an in-depth look at Bitcoin's daily chart, focusing on the key moving averages and potential resistance levels. I also promote the crypto IRA product offered by the sponsor, ITrustCapital, as a tool for macro-minded crypto investors to potentially benefit from trading the market cycles.

Intro 00:00
Predictive BTC metrics 00:40
2019 data vs. now 1:30
I was wrong about this cycle 3:30
Altcoin season approaching 6:15
We are getting close to bullish 7:00
iTrustCapital 8:10
Current Bitcoin move means nothing 9:30
Resistance in next two days 11:15
If Bitcoin goes lower 12:00
Bullish BTC move 13:00

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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.

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

[SargisFarter]

Sensitization and awareness against crypto SCAMS is something that's not done ENOUGH by these creators.

[SchindlerNelson]

Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2024 with 10k and I'm up with 27k in a short period of time...

[MentalWolfTA]

Been building and learning since 2020. Im exhausted and just sitting on my hands being patient and buying dips is getting old after over four years.

[jems]

NO ONE KNOWS WHAT IT WILL DO....BTC IS JUST DOING ITS NORMAL CYCLE Y'ALL CALM DOWN

[MattAiden]

I really appreciate the dedication in each video you post. Long term investor's know that the market and economy will recover eventually, and investors should be positioned for such a rebound, I gained $180k from bitcoin of 2021. Before the market crash and now am buying again, adding more at a time. Having a good financial advisor like Catherine Gauthier, it will add to your success in the crypto market.

[lndeep]

Benjamin Cowen says the same thing. We might get a drop like covid but from a hard recession.

[CharlesLade-qh]

Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 632k in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[santoyoarmando]

In 2019 we never double bottom like we did in 2022. This thing is different. And the cycles are not broken.

[slbqkmk]

This dudes YouTube is just like Twitter now filled with Russian proxies and bots lmao 😂😂

[jakemorrowss]

Mad respect for people who admit when they are wrong!

[AldenHeller]

Your explanations are the best! A breakdown of step finance would be amazing!

[SoundLegion]

You've been like a security blanket during this falling wedge. Keep em coming Friend I eagerly await your analysis as the markets turn upwards.

[LeraBrakus]

Your crypto content is always so engaging! How about a video on step finance?

[mkalexander]

Appreciate your willingness to humble yourself and help us all learn something along side you.. gob bless brother and keep up the awesome stuff!!

[replyk]

think there is a decent chance to go to the 50 day ma to pick up the liquidity and then fall again into the lower 50k. thanks so much for your daily content. appreciate that

[TruthHurtsCT]

We’re about to dump so hard one last time in the coming days

[RephRepheal]

What is happening in crypto market recently is crazy.I have made a lot of research concerning crypto market but I haven't gotten the fundamentals step to get started.I wish I can get the help of a pro

[VanessaTyler]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.

[POR]

If you are bearish short term, we will go up short term!

[MillenialJoe]

Everyone comparing to 2019 but halving already happened. I kind of dont buy the 2019 argument