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Will Bitcoin Break $38,000? Analyzes for BTC, ADA, VET and DOT

 Will Bitcoin Break $38,000?  Analyzes for BTC, ADA, VET and DOT

Hello everyone and welcome to my latest video! Today I discuss the exciting developments in the world of Bitcoin (BTC), take a close look at the price, and look at some promising altcoins. So you shouldn’t miss this video!

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Bitcoin price is breaking out

Let’s start with Bitcoin. Recently, a Bitcoin whale made a significant purchase that pushed this investor to number 73 on the Bitcoin Rich List. This is a sign of confidence in the market.

There is also news about the postponed Bitcoin ETF or exchange fund, which could lead to approval in the coming weeks. That would be a great start to the new year!

On the charts, we see that Bitcoin is attempting to break above $38,000. We have a sideways channel and an upline that has not yet been broken. This suggests that we can expect further upside.

Altcoins with a lot of potential

Now about the altcoins. I received three requests: Vechain (VET), Polkadot (DOT) and Cardano (ADA). These altcoins are showing interesting patterns that indicate possible bottoms. For Vechain we see an Adam and Eve pattern which is a bullish Signal. Polkadot is showing a similar pattern, suggesting we may be breaking out of the accumulation zone. And finally, I discuss Cardano, where we also see an Adam and Eve pattern indicating a possible bullish move.

These are exciting times in the crypto market! I hope this analysis helps you with your trading decisions. As always, happy trading and have a nice day!

Would you like to learn more about Bitcoin and other cryptocurrencies?

At Bitcoin Consultant you can take highly educational courses about Bitcoin, blockchain technology and how to invest in it. I even offer a free course for beginners! I also have a business page on our website where you can learn more about my services.

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