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In this video, I discuss the current state of Bitcoin and ADA (Cardano) within the cryptocurrency market, highlighting their recent price movements as normal and, in many ways, positive indicators of where we are in the current cycle. Starting with Bitcoin, I note its decline towards the 20-day moving average, emphasizing this as a typical consolidation pattern seen in previous cycles, suggesting a healthy correction rather than a bearish turn. I draw parallels with past cycles where Bitcoin similarly consolidated before continuing its bull run, especially pointing out the relevance of Bitcoin’s position in relation to the halving events and its current early stage in the cycle, implying significant growth potential ahead. Turning to ADA, I acknowledge its underperformance compared to some altcoins but argue this is consistent with its cycle position. I explore ADA’s historical performance, particularly against Bitcoin, to illustrate its potential for recovery and growth despite current appearances. Throughout, I emphasize the importance of understanding these movements within the context of broader market cycles, encouraging viewers to see beyond immediate fluctuations and recognize the underlying trends that suggest continued growth for cryptocurrencies like Bitcoin and ADA.

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Intro 00:00
This Bitcoin dip is normal and good 00:45
How low could BTC price go? 3:20
Pay attention to cycle data 5:00
Cardano vs Bitcoin chart 6:30
ADA price dip 9:05
Cardano volatility normal 10:20
What is next for Cardano price? 11:30

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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

date : 2024-03-16 20:26:33

views : 9448

likes : 1129

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