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BITCOIN PRICE STRIKES KEY AREA! ARE YOU READY FOR THIS NEXT BTC MOVE?

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Intro 00:00
Hourly BTC chart 00:30
Weekly BTC chart (lower highs) 1:10
What will we discuss? 1:40
Fibonacci Resistance 2:05
Macro throwbacks 3:20
Micro throwbacks 5:45
What a throwback may look like 7:30
Very very bearish scenario 8:45
Bitcoin price bullish breakout 10:00

Bitcoin price has settled exactly within the most important resistance area it has traded within in a long time. As btc consolidates on short term charts, bulls have a shot at a massive breakout to $12,500 target. But at the same time, there is a case for a bearish throwback for btc price, at least in the short term. We discuss all the targets in this very crucial and important bitcoin update.

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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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6 Comments

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  3. BTC isn’t going anywhere near $12k until the RSI is reset on the daily and 4hr charts. It’s that simple. We haven’t consolidated enough at all. We have no room to move up because the indicators, namely RSI, have not reset from the reset bull run. We’re in a downward channel with spikes up and down. We will consolidate for 1 more week minimum. Pumpers need to stop with their emotional bias and learn to read a chart.

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