
yesterday at 12:47 PM
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45 views
02/13/2024
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292 views
In this video, I delve into the significant multi-year movement currently unfolding on the Bitcoin daily chart, emphasizing how years of market dynamics have led us to a pivotal resistance area that could determine Bitcoin's future trajectory. I explain the critical importance of the next 24 hours for Bitcoin, considering its position against a major Fibonacci retracement level, often referred to as the "bull market doors." Additionally, I explore ADA's (Cardano) chart in relation to Bitcoin's movements, offering insights on what to expect for ADA and altcoins in general. I break down technical analysis patterns, resistance zones, and the potential bullish implications of Bitcoin closing above these critical levels. Furthermore, I highlight the significance of Bitcoin's performance in the context of its historical cycles, particularly in relation to the Bitcoin halving events, and how this could be a watershed moment not just for Bitcoin but for the broader cryptocurrency market, including ADA. I aim to provide viewers with a comprehensive understanding of the current market trends, backed by technical analysis and historical context, while also sharing my observations on the potential short-term movements of ADA and its implications for altcoin dynamics.
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yesterday at 12:47 PM
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45 views
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