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Bitcoin macro charts continue to provide great directrion and indicators for all markets. In this video I look at one technical analysis tool called the RSI. I discuss how BTC price moves impact the RSI and how this translates to some altcoins like Ethereum, Litecoin, Dash, Cardano, Zilliqa, and Link. Is there momentum support for these top altcoins and Bitcoin? Or is there room for bearish downside?
RSI Explanation – https://smartasset.com/investing/what-is-rsi
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Crypto Capital Venture Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative
📝 *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.
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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