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Bitcoin price falls at the release of CPI inflation data. As crypto and BTC price react negatively to the inflation news, coming up with a plan in the volatile crypto environment can be difficult, especially in a crypto bear market. But there are data points on the bitcoin charts today that allows us to navigate the crypto bear market with a plan.
https://abcnews.go.com/Business/inflation-data-show-prices-fell-amid-fed-rate/story?id=91326578
https://www.forbes.com/sites/richardmcgahey/2022/10/07/unemployment-report-wont-change-feds-path-towards-recession/?sh=3bc2d1f94f3d
https://app.truflation.com/
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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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40 Comments
Woot!
Thanks for watching!
You’re the man! Always there when we need you!
You forgot to say "smile more"
Best investment you can make right now is paying off debt.
best investment now is a gpu for your gaming rig 😎
But didn't everyone said that bitcoin is a hedge against inflation ? Yet it goes down , huh
I've been waiting on 30 cent ADA all year.
Biggest pump coming up Dan!! You know this!
Told you all the this channel promotes shit coins 👎🏼
Don’t try to catch a falling knife.
The moment you hear a lot of people saying that you need to buy and the news get involved you're to late
It works the other way around the moment you keep hearing the price will go down and people need to sell and don't get in we all know what happens after that lol
But your data gives us some facts we can't get around still it will give us more options to buy some more because the price can go lower
Come on. I could of told you what’s happening 16 months ago. And I did. It’s going to get worse.
People working from home = more disposable income, more time to spend money
Dot or Link better long term investment?
Crumbles….. how very dramatic. It was expected. Look at yearly lows instead of highs and just chill. Market will come back. DCA.
ADA is pooping hard. What are YOU going to do? 🤔 Even Polygon and XRP are higher. What is up with ADA???
Ada price going down quicker than a $2 Ho. !!!
Yeah I’m not buying food I would normally buy…
< 0.3000$ ADA will be the opportunity of a lifetime. DCA with what you can, it can be 3000$ each time, 300$ or 30$. Don't be the person that cries "I should've bought it years ago."
it’s all over man, the entire system is toast! this world is over. everything is done. i am sick of it all! THE END IS HERE!
I'm extremely sad with all the money I've lost. I've lost almost all of my wages this year. Buying crypto. Know it's a bear market. I'm buying the CRYPTO CRASH. I believe crypto currency is the future 👍. Ada and Ethereum will lead crypto currency 👍. Thanks buddy for your wisdom my friend. Everyone keep your head up. And keep accumulating during this bear market. You will become wealthy in the future 👍
Imagine people having less and less money due inflation and think that someone will be buying crypto is delusional. Hard years are coming specially for those who bought in the last months thinking it would be a smart move cause we are in a bear market
Etc best coin top
The so called hedge against inflation.😅 Bitcoin💩
Crumble away please. I'll eat up the crumbs
Votes have consequences sheep! 🐑 is there still a bull run on those virtue signal points? 😂 😂 😂
🤑🤑🤑
EVERYTIME I buy ada price dips lower. Fml
Still bear modus .. even with this boune no break above 19.3 k no confidence..I think we will se sub 18 levels soon again .. bottom out at 12 range
Dan, Your the best. Dont change
You can't be greedy grab Ada now cannot wait for 30 cents it might go up any day
Remember kids, Bitcoin is a “hedge” against inflation 🙄
Great video as always.
I will continue to say this over and over. While no one knows what's going to happen, we can't expect a typical bear market percentage drop after a very non-typical bull market. Can it happen, sure. But with everyone and their mother being bearish, I can only assume those that were going to sell have done so already. To drop another 40% would require a Microstrategy-like sell off and that to me is highly unlikely.
Great info as always. I like your approach. Thanks Dan.
Dan, I'm gonna say what everyone watching is thinking when it comes to giving "advice" screw the rules. What you offer is smart thinking on the DATA. That is advice! lol no hope, no emotion, just look at data. Can't wait to see what your course is about. Lol using the Fib tools correctly is what I want to learn. For some reason, my chart doesn't show what your does. Lol I bet it's a setting or something dumb. Keep it up bro.
Go Birds / Go Phillies
Employment is good right now but that is going to short lived unemployment train about to run people over.
Im a buyer we are loving this market
Consumers are spending more because everything's more expensive