In this video, I discuss the current state of the Bitcoin market and provide a technical analysis of the price action. I examine the daily and 6-hour charts, highlighting the potential support levels and the oversold conditions on the 6-hour RSI. I speculate that the bottom may be close, and that we could see a strong bounce after a potential short-term capitulation event. I also compare the current market conditions to previous October price movements, suggesting that history may repeat itself and lead to a green close for the month. Overall, I present a bullish outlook for Bitcoin, even in the face of the current short-term downward pressure. Subscribe, Like, Follow me www.x.com/cryptorecruitr Intro 00:00 Higher low support 00:4 This indicator has my attention 2:25 Bullish support 4:20 If Bitcoin capitulates 6:30 The ultimate capitulation 7:30 October still looks good 9:15 Zoom out on BTC! 10:30 Join this channel to get access to perks: www.youtube.com/channel/UCnMku... 🟩 Bitcoin 4 Year Cycle Prediction - This May Change Your Mind On BTC youtu.be/IsKI359lAbQ ⚡ Catch Me On X ⚡ http:/x.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - www.tradingview.com/chart/BLX/... ☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰ *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
BITCOIN'S One Indicator Signaling LAST Major Dip
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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