The Biggest Bitcoin MISTAKE: Everyone Thinks We're HERE

In this video, I analyze Bitcoin's current market position, comparing it to the previous bull cycle. I argue that we are not at the top of a bull market like in December 2021, but instead in a potentially bullish phase. By examining the weekly and daily RSI, I highlight a similar technical pattern to the previous cycle's pre-breakout consolidation. I point out key differences in the current market, such as the S&P 500 being in a different monetary cycle and the absence of negative crypto news that characterized the previous bear market. While acknowledging the possibility of further consolidation or a dip into the lower 70s, I suggest that Bitcoin is setting up for a potential significant move, emphasizing the importance of monitoring technical indicators and maintaining a zoomed-out perspective on market cycles.

Intro 00:00
Bitcoin price action breakout loading 1:00
Why I don’t think the top is in 2:35
Short term price action & more dips 5:15

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🟩 Bitcoin 4 Year Cycle Prediction - This May Change Your Mind On BTC

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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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[toddp]

The last time the dxy went under 100, a massive crypto bull run started. It happened again this week.

[daviddukes]

Yields are rising, not inverting. There will be a fast run up in the markets, that's when bitcoin tops, and then altering season, THEN short bear market.

[Crypto-decker]

wassup, bitcoin looking really bullish🚀

[destinfarr]

Thanks as always, Dan! Things are looking very promising, we just have to be patient and hodl.

[epictetus]

Regarding midnight, are all of the CCV pools eligible for airdrop?

[stevenhacker]

Zero hedge is priming gold and crypto.

[alexiscabreramusic]

you are forgettin on the RSI the 44.60 horizontal line support... we broke it down this time, but yea, it is still promissing.

[derricksmith]

Comparing the QE during to Covid and the QE in this economy is not a good analysis. Covid was the most extreme national emergency (according to the government) in our history. Consider that Dan. Heart❤

[Mattshank-uojl]

Dan can you do another Cardano video? Thanks.

[jdot]

Btc dominance has at least another 2-3 monthly green candles coming alts will suffer

[moregoldmoregold]

We topped 4 months ago. Bear martlet started then. Alts have dropped 60% to 80‰ man? That insane bear shit

[shaktilyn]

Thanks, Dan! You keep us grounded and zoomed out. Always appreciate your analysis and perspective! Patiently waiting for the parabolic bull run and the future of crypto!

[PositivelyIdle]

Everyday you are saying a different thing. Look at Cardano. Where is Dog?

[RyanIngram]

Thanks Dan, are you bullish on SNEK at all?

[mthreezo]

I must say that I regret not following my instinct and bought bitcoin a few months ago when its price was a lot lower. It's quite devastating now in these bullish times. I'm looking to buy a lot more bitcoin now, but i just have a ton of questions to be honest. Like is this even a good entry time?

[moregoldmoregold]

Imagine Bitcoin crashes to lower 70s. Holds for a few more weeks around there then crashes down to 55k. My gawd imagine the stink. lol

[Brent.Farmer]

Bull news, Bull Moves

Good Macro stuff as always

[SchmupKing]

This is huge. I needed this explanation big time. Thanks for the TA it is completely on point

[moregoldmoregold]

It’s coming, way to much trust in Bitcoin dude

[sharkgrayczcorvette]

Unfort Powell will continue to play politics. No rate cuts are coming anytime soon I’m afraid