BITCOIN HAS DONE IT! $50,000 DOWN! BUT WHAT'S UP WITH THIS RESISTANCE?
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Intro 00:00
Bitcoin 5 minute chart and $50,000 move.... 00:30
BTC almost pulled off a breakout 00:50
Continued bitcoin resistance 1:20
We still have two targets, so be ready! 1:55
A lot happening on this 6 hour bitcoin chart 2:30
Resistance channel still keeping BTC price from breakout 3:00
A lot of bullish targets to upside 4:00
A really big day for Bitcoin 5:15
Here is BTC support levels to watch today! 6:30
It has been a long and crazy journey for Bitcoin price and bitcoin holders over the years. The volatility of bull markets and bear markets...swing highs and swing lows on the macro charts. And today, the journey has led BTC price to $50,000. If nothing more, Bitcoin has made it this far, almost reaching a $1 trillion market cap, with the market sentiment flowing through the air that says, "it is just beginning." But from a bitcoin technical analysis perspective, there is a lot of resistance that BTC has seen in this move, and we must track this resistance area for bullish or bearish confirmation on the short term charts.
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📝 *The above video references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. This video contains my opinion only and is not meant to cause harm or defame anyone or any entity.
Please understand that cryptocurrency trading and investing is risky. I am not offering advice on how you should trade or invest in cryptocurrency. This channel is reserved for me to track my own journey and document my opinions along the way.
This is not an offer to sell or buy securities.
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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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