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Cardano Ecosystem

HISTORIC BITCOIN Move This Week! A PARABOLIC Trigger For CRYPTO!

01/08/2024

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479 views


Crypto Capital Venture

In this video, I discuss what could potentially be the most historic week in my experience in the crypto space, focusing on Bitcoin and the anticipated approval of the Bitcoin spot ETF. I explain how a Bitcoin weekly candle closing above $47,000 before the April halving could trigger an unprecedented early parabolic bull move. Additionally, I delve into the impact this event could have on altcoins like Ethereum, Ada, and AVAX. I speculate on different scenarios, including a massive inflow into the Bitcoin ETF, which could lead to significant price movements. I also analyze Bitcoin's price chart, highlighting the importance of breaking above the 618 Fibonacci line before the halving, a move Bitcoin has never achieved before. Furthermore, I discuss the potential effects on altcoin prices, suggesting they might initially lag behind Bitcoin's surge but could eventually outperform. Finally, I emphasize that this moment could be historic not only for Bitcoin but for the broader crypto market, especially considering these developments are happening much earlier in the cycle than previously observed.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=RhKCTHTl...

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