In this video, I dive into the current bullish trend in Bitcoin's daily chart, addressing the widespread speculation among cryptocurrency holders and altcoin investors regarding whether Bitcoin will outperform altcoins in this bull cycle due to the ongoing supply shock and heightened ETF interest. Despite the bullish signs, I argue against the notion that Bitcoin will lead this cycle, presenting data-driven reasons to support my belief that altcoins will emerge as the dominant force. Throughout the video, I analyze various indicators, including the "bull market doors" and Bitcoin dominance charts, to demonstrate historical patterns and current trends that suggest an impending altcoin season. I specifically highlight the performance of altcoins like ADA and Ethereum, comparing their current positions to past cycles to underline their potential for significant gains. I also touch on the impact of Bitcoin ETFs and institutional interest in altcoins, concluding that despite a possible short-term increase in Bitcoin dominance, the long-term trend favors altcoins. My analysis aims to provide viewers with a comprehensive understanding of the market dynamics at play, encouraging them to keep a close eye on altcoin charts and Bitcoin's dominance for signs of the anticipated shift.
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Intro 00:00 Foundational BTC indicator 00:35 Understanding Bitcoin dominance chart 1:50 BTC dominance bulls have some room left 3:45 Cardano vs. Bitcoin 4:30 Ethereum vs. Bitcoin 9:05 BTC dominance close to falling 11:30
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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.
