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In this video, I discuss the Bitcoin supply shock and how it is a positive development for Bitcoin investors. I explain that the increasing scarcity of Bitcoin, due to factors like Bitcoin ETFs holding a significant portion of the total supply, will require recalibrating many existing Bitcoin models and analyses. I also provide a short-term technical analysis of Bitcoin and Cardano, noting potential consolidation and resistance levels that investors should be aware of, while emphasizing the overall bullish long-term outlook for the crypto market.
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Intro 00:00
Bitcoin supply shock 2:10
BTC chart needs to be recalibrated 5:30
Coinledger 8:00
Bitcoin price action 10:05
Altcoins 16:00
Cardano price action 19:00
XRP price action setup 26:00
DOG on Bitcoin 33:15
Solana price actioin 36:00
Link 42:00
SKI Mask Dog daily chart 46:00
COTI 45:30
Ethereum 56:40
AVAX 58:00
ALGO 01:05;30
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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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