Crypto Falls! Bitcoin ETF Could Send Altcoins Soaring!

In this video, I discuss the current state of Bitcoin and crypto, which is experiencing a significant dip on the hourly chart, but zooming out to the weekly chart, it’s clear that Bitcoin is still very overextended from its moving averages. Despite the current consolidation phase, we are pivoting into the next bull market, and it’s happening quickly. I also talk about the total market cap chart and how we are in a powerful phase of the crypto cycle that is diverging from the last cycle. Additionally, I mention the potential implications of classifying Bitcoin and other digital assets as securities, as discussed in a recent Blackrock filing. This could affect the value of Bitcoin and other digital assets, as well as the value of shares in Bitcoin ETFs. Cardano, AVAX, Ethereum charts covered.

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Intro 00:00
Bitcoin spot ETF huge news for altcoins 00:50
Bitcoin spot ETF Google news 3:20
Total crypto market cap power move 4:05
Bitcoin price consolidation 6:20
AVAX 7:00
Cardano 7:25
Ethereum 8:35

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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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