Bitcoin’s October Surprise! “50% Undervalued” (BE ALERT!)
In this video, I discuss the current state of the Bitcoin market and provide a comprehensive analysis of the cryptocurrency’s price action. I highlight the fact that Bitcoin is currently trading at around 50% undervalued, which has historically been a bullish indicator for the asset. I also examine the technical indicators on the daily and weekly charts, noting the importance of the 20-week moving average and the potential for a breakout above the upper trend line of the current consolidation pattern. Additionally, I caution viewers about the possibility of a short-term price rejection at the current resistance level, emphasizing the need to closely monitor Bitcoin’s interaction with this area. Overall, the video aims to provide a balanced perspective on the current Bitcoin market and the potential opportunities and risks that lie ahead.
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Intro 00:00
October monthly green 00:30
BTC is 50% undervalued 1:20
This is big! 3:20
Bitcoin weekly 4:20
Caution until breakout 5:20
Bullish 6 hour 8:00
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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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34 Comments
πi want to ask :here is my Okx Wallet the seed phrase :(erosion fall gas garment ivory aisle blade pepper crowd strike bus culture)
I have USDT how can i withdrawal to binance?
I'm a firm believer that whales are assuming everyone believe the prices will skyrocket this year. And total alt market cap will sky rocket. And with that they will dump all the markets
Appreciate the recommendation! Bought XAI62N, expecting 10x returns. Major exchanges confirming listings. Your insights have always been on point. Looking forward to seeing where this investment goes, thanks for the valuable advice!
MSTR today is signaling BTC breaks out soon
Thank you for sharing XAI62Nπ I really appreciate it
Thanks for the insights! Bought XAI62N, predicting big returns! π
XAI62N is still extremely undervalued
Your advice led me to XAI62N, holding for 5x gains. Exciting listings ahead!
My investment portfolios are Bitcoin, ETH and XAI62N
I trust your choice on XAI62N. So much potential π
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I'm thinking of getting into investing but feel a bit lost and confused. Any friendly advice or contacts you recommend for guidance?
π Big thanks for the insights into XAI62N and SUI. Both seem like solid picks for the future π
Thanks for sharing XAI62N and SUI. π―
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Your video convinced me to invest in XAI62N, expecting 10x gains. Excited for listings!
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Coinbase, OKX and Binance will list XAI62N very soon. We do not have much time left
Thanks for the advice! Got XAI62N, feeling bullish! π
There are so many opportunity now but I think XAI62N is the best option
What's going on with cardano? Still 90% down huh? Stick to BTC going forward brother it will be better for everyone.
Dan, can you make a video how to convert wmt to wmtx.
The potential of Cortux's AI-driven investments is worth exploring. Presale entry point
BTC will go over 100k in the next year or two, that is approx 3x. Cortux can do 100x if you get positioned well. Just check it out
Ethereum will outperform Bitcoin in the following year, Cortux will outperform them both by far.
Not financial advice, but Cortux is looking like one of the more legit projects Iβve seen in a while. Definitely worth checking out.
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What if I told you that Cortux will crush most of the top tier AI coins by the end of the year?
This is one-in-a-bull-run opportunity, you donΒ΄t wanna miss Cortux presale
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Thanks, for all you do! I like your truthful coverage. Mad respect for educating everyone. BTC's price plunged but buying the capitulation isn't a tough call, After all, it is only a very tough call to figure out what to do aside from holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts wonβt guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite..managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months… I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
19 cents Cardano next week.
October turned in to hawktober π
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