In this video, I discuss the potential longevity and room for growth in the current cryptocurrency bull market, highlighting that the total crypto market cap has yet to surpass its all-time highs from 2021. I delve into various data points, including on-chain metrics, Bitcoin, ADA, and Ethereum charts to substantiate my analysis that we're possibly at the early or midway point of this bull cycle. I specifically focus on Bitcoin's halving events, the bull market door area as key indicators, and the Market Value to Realized Value (MVRV) Z-score to argue that the market is approximately halfway through its current bull phase. Additionally, I explore the altcoin market, predicting a decrease in Bitcoin dominance as altcoin season approaches, supported by ADA and Ethereum's current positioning relative to their past cycle performances. I conclude by visualizing the potential trajectory of the crypto market, while acknowledging macroeconomic risks and the unpredictability of market cycles. My aim is to provide viewers with insights that can help them anticipate market movements, concluding with a personal mantra to "prepare for anything and expect nothing," underscoring the inherent uncertainty in cryptocurrency markets.
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Intro 00:00 Key total market cap chart 00:20 Bitcoin note 00:40 Total crypto market cap chart bullish! 1:25 Crypto bull market still has a lot of room 2:35 Bitcoin on chain data 3:05 1 year left of bull market 4:20 Cardano cycle 6:10 Ethereum cycle 6:45 Here’s how this could play out 7:45
*Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.
*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.
