Bitcoin's October Surprise! "50% Undervalued" (BE ALERT!)

In this video, I discuss the current state of the Bitcoin market and provide a comprehensive analysis of the cryptocurrency's price action. I highlight the fact that Bitcoin is currently trading at around 50% undervalued, which has historically been a bullish indicator for the asset. I also examine the technical indicators on the daily and weekly charts, noting the importance of the 20-week moving average and the potential for a breakout above the upper trend line of the current consolidation pattern. Additionally, I caution viewers about the possibility of a short-term price rejection at the current resistance level, emphasizing the need to closely monitor Bitcoin's interaction with this area. Overall, the video aims to provide a balanced perspective on the current Bitcoin market and the potential opportunities and risks that lie ahead. Subscribe, Like, Follow me www.x.com/cryptorecruitr Intro 00:00 October monthly green 00:30 BTC is 50% undervalued 1:20 This is big! 3:20 Bitcoin weekly 4:20 Caution until breakout 5:20 Bullish 6 hour 8:00 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