Bitcoin BULLISH Breakout Most Likely

In this bitcoin technical analysis I discuss why I think a bullish break for Bitcoin is most likely. This is just my opinion based on some btc price data that we have on the charts.

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?Legal: *’The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.’

Crypto Capital Venture is big on tracking bitcoin and litecoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price and Litecoin price move 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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  1. Come on man everyone should know the price always dips down very deep before the bullrun starts ,the only pattern that will not do that is the accending triangle with a flat top resistance line, this was clearly a pattern that should drop down , i expect a U curved bottom now with the lowest point at 6.8k maybe a litle lower and then a major upside move

  2. What did you say?? Most likely up? No retrace to atleast50% at 8.5k?? Beacause that sounds much more likely , and look where we are now , dipping down possible even below the 61.8% retrace

  3. All you need to do to predict where BTC is most likely to go is think greed and percentage. Most investors want a 5% to 20% gain on avg. BTC will reverse on Wednesday. Hopefully, it will be bullish into the weekend.

  4. Love your new trend line of support. ?
    Yes, looking for some upside soon. Looking for a bounce off the 21 EMA on weekly around the $9400 target.
    Will it be enough of a correction? Will see if $10,900 resists to send us back down further to the $8k Range. Historic support and based on that moving average and Fibs. Enjoy the ride.

  5. For some strange reason, I'm happy when the price is dropping (Just like when I was buying Silver at $14 last summer). I'm hoping it can stay low until the next paycheck

  6. Traders are nervous so nobody wants to buy at the moment until we see the direction…unfortunately it's going down at the moment….
    Main thing is Bakkt went through that's positive

  7. An uptrend in Łitecoin could lift the whole market as happened in 2015, 2017 (segwit and Coinbase) and last December 2018.

    Reminder that next Łitecoin sponsored NFL game ? at Miami Hard Rock Stadium is against LA Chargers in 6 days time ? Łitecoin name up in lights at every home game (and Season has just started).

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  9. Bullish AF too. I'm probably biased however it's pretty clear what btc is worth to the world and it's not 7k anymore that ship has sailed

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