BITCOIN: TIME IS RUNNING OUT (Breaking SOON)!! Bitcoin News Today & Ethereum Price Prediction!

BITCOIN: TIME IS RUNNING OUT (Breaking SOON)!! Bitcoin News Today & Ethereum Price Prediction!

welcome back to the crypto Channel everyone my name is Josh and right now Bitcoin is still repeating history in the short term and while this is happening the price is moving closer towards the next massive move coming very soon so I’ll be talking about that in just a moment alongside ethereum now flashing a new signal in the short term that we need to pay attention to so I’ll be talking about all of that and more later in the video so definitely watch to the end first of all taking a quick look at the 3-day Bitcoin chart and right now the price of Bitcoin is technically still within a larger bullish Trend forming higher lows and higher highs which here on the larger time frames is also known as a bull market and we also have this massive hidden bullish Divergence on the 3-day Bitcoin charts with higher lows in the price and lower lows in the RSI which is a trend continuation pattern in the bullish Trends this is a bullish signal but as I always say it is important to understand the difference between the different time frames so on small time frames we can see short-term pumps and short-term dumps basically every single day but when we’re zooming out looking at the bigger picture those shortterm moves are making up this larger bullish trend on the larger time frames and so basically over the last few days nothing has really changed on this 3-day Bitcoin chart and the same can be said for this 3-day Bitcoin chart which I talked more about in my last video and so if you want to know more about this potential pattern that’s forming right now on the 3-day Bitcoin chart check out my last video here on the channel if you missed that video and if we’re taking a look at this daily Bitcoin chart right now the price of Bitcoin is still running into this area of support sitting in between around 67,000 to 68,000 and at least for now and as we’ve seen over the last one week or so we have been finding a lot of support in this area but if we end up seeing a confirmed break to the downside so for example daily candle closes confirming below 60 7,000 then in that case we could likely drop back down towards this area in between around 63 to 64,000 if we first confirm a break below 67,000 which as of right now has not yet happened and so at least for now in the somewhat shorter term and as I’ve been saying basically every day over the last 1 to one and a half weeks we’re still looking very neutral just in the short term not overly bullish or overly bearish just in the short term here and so basically on the day daily time frame nothing has really changed over the last one day so if we’re zooming all the way into the short term looking at the 1hour Bitcoin chart technically speaking the price is still somewhat repeating history and I’ve been talking about this over the last couple of days first of all right back here I said we’re most likely going to have a dump in the price of Bitcoin over the next one day and then we saw exactly that over the next one day and then right around here in my last video I said we’re most likely going to have a slight bounce but mostly choppy sideways price action over the next one day and since then we’ve seen exactly that and this is because the price is basically repeating history we’re seeing very similar price action to what we saw back here and also here in the RSI we’re seeing very similar signals and so if we continue to repeat this previous type of price action we’re likely going to see some more choppy sideways price action in the form of some short-term pumps and short-term dumps here and there because if we’re looking at what happened last time that’s pretty much exactly what we saw we did end up seeing a little bit more of a pullback over the next 1 to 2 days after that type of price action that we’ve just seen and so basically I’ll not be surprised if we end up seeing some more choppy sideways price action as I’ve been saying basically every day over the last 1 to 1 and 1/2 weeks and so far has been playing out exactly as expected but ultimately this is still temporary obviously we’re not going to chop around sideways forever into Infinity so right now while the price has been chopping around sideways we’re actually forming a new pattern right now on the 4-Hour time frame which is a new symmetrical triangle pattern also known as a horizontal triangle pattern and so what we’re seeing right now is ascending lows higher lows and ascending line of support and lower highs a descending line of resistance which basically means the price is Contracting into a tightening range which means eventually the price will be forced to either break below this support line or above this resistance line and that will set up the next measured move for this pattern right here the next price target for the breakout and from where we are right now to the end of this triangle that’s roughly around half a week to one week from now so basically in less than a week we’re likely going to see the next move officially begin in the price of Bitcoin rather than just this same choppy sideways price action so we could continue to see this type of price action potentially over the next couple of days that is still a possibility but once again within one week from now we’re likely going to see the next significant move begin at least in the shorter term for the price of Bitcoin and as of right now this line of support is sitting at approximately 67.2k and this line of resistance is currently sitting at around 69.1k and so basically we need to confirm a breakout above that line of resistance in order to set up a bullish price target for this pattern but we need to confirm break to the downside below this support in order to set up a bearish price Target so until we see a break of those levels this pattern is not in play we have no active price Target but for example if we see a confirmed breakout above that line of resistance to the upside then that would set up a bullish price target for this pattern at roughly around 74.8k and so if we were to trade this move to the upside from the point of the breakout to the price Target that’s around an 8 to 9% move Pro in the price of Bitcoin or on the other hand if we fail to break out Above This resistance and instead we actually break below that support line with confirmation then that will set up a bearish price target for this pattern sitting at around 61.8k and so from the point of the breakdown to that price Target that would be around an 8% move to the downside which we can also trade that move to the downside with a short position for example and so for the Bitcoin Traders out there it does not matter what direction the price breaks whether we are bullish or bearish we can make money in either Direction with for example a long position or a short position and we don’t even need to know the direction beforehand we just need to wait for the signal to confirm which would be a confirmed break of one of these levels right here for a potential entry into a trade as always not Financial advice this is just an example and revealing my trading strategy and so for example a trading strategy that I usually use when it comes to a Breakout trade like this is if we confirm breakout let’s just say above resistance then in that situation I’d look to enter a long position and usually in my trading strategy I enter a small long position once we initially confirm the breakout and then if we see extra confirmation like more candle closes or if we come back down for a retest on those extra confirmation signals I may look to add to that long position and essentially I’ll just enter that long once we’ve confirmed the breakout and trade the move towards the price Target and take profits around the price Target but if we never actually confirm the breakout above resistance and we confirm a break below support then in that situation of course I’d look to enter a short position around there and it’s basically the exact same thing as I just explained for the long position but obviously in the opposite direction and trading the move to the downside and taking profit near the price Target but once again that is not personal financial advice because I don’t know your personal financial situation I’m just revealing my trading strategy that have been working for me and this is just an example of how we can take a trade here no matter what direction the price goes we can make money in either direction so once again the situation right now is just in the imminent short term potentially for the next couple of days we could still chop around sideways while we’re still in this pattern right here but soon enough within around one week from now we’re very likely going to see the next major move begin in the price of Bitcoin and if you want to take these trades in the price of Bitcoin or any other crypto personally I’m taking these trades over on buybit so I’ll make sure to leave a link to buybit down below this video in the description and in the pinned comment and if you use that link down below this video to make a buyit account and deposit on that account then you can get up to a $30,000 deposit bonus but only if you use that link down below this video and also if you use that link it’ll take you to this page right here which is currently a $1.5 million trading competition happening right now over on buy bit so if you’re going to be trading crypto anyway you could potentially win a share in 1 and A2 million usdt in this trading competition in that first link down below this video but if a trading competition isn’t really your thing then there’s also a massive Lucky Draw happening right now over on buyit just by trading crypto using the second link down below this video it’ll take you to this page right here where you could potentially win up to a $100,000 or some free Bitcoin or ethereum and there’s a bunch of other prizes here just by trading crypto on byit once again using those links down below this video it’ll take you to these Pages the first link take you to this page right here and the second link below this video will take you to the Lucky Draw but for whatever reason if you cannot access bit or if you cannot kyc on buybit there is also bitflex which is another crypto exchange similar to buybit but you don’t need kyc for bitflex and so I will also make sure to leave a link to bit flex down below this video as an alternative crypto exchange and if we’re taking a quick look at the Bitcoin liquidation heat map we can still see some downside liquidity building up at around 665,000 approximately and we also have some upside liquidity building up at around 695,000 and more liquidity closer towards 71,000 and so once again when the price of Bitcoin eventually breaks one of these levels on the chart right here for this pattern that will likely trigger a massive move at least in the short term for the price because we do have a lot of liquidity both to the upside and to the downside which can Propel the price further in those directions and if we’re taking a look at ethereum on The Daily time frame right now the bullish breakout for the bullish falling wedge is technically still active with a bullish price Target in play at around 4070 and so here on the daily time frame over the last one day nothing has really changed here for the price of eth and if we taking a look at the 8 hour time frame at the time of recording this video the price of eth is now retesting this Fibonacci level which is sitting at roughly around 3820 and if we see a confirmed breakout back above that level if we see candle closes back above 3820 then we’re likely going to head back up towards this local high at around 3950 approximately and if we can break out above that high forming a new higher high in the price then we’re likely heading up towards this previous High which should also act as strong resistance just underneath 4.1k and as for short-term supp support in case we see some sort of rejection again here in the short term we still have a lot of support in this area in between around 3.6k to 3650 and of course we’ve just recently found some short-term support based on this previous High acting as resistance and right here sitting at around 3710 and if we’re zooming further into the short term looking at the 4-Hour time frame what we are now seeing in the price of eth is a new hidden bullish Divergence which is now technically confirmed because since my last video we have begun to see a little bit more of a bullish relief just in the imminent shortterm here which is kind of starting to cement this higher low in place in the price action and because we have higher lows in the price in the candle closes and lower lows in the RSI once again this is a hidden bullish Divergence which is technically a bullish Trend continuation pattern and as of right now the trend in the short term is technically still bullish we have not yet broken the higher low high high price structure but obviously just over the last few days we did have a break from that short-term bullish Trend in the form of a pullback and some choppy sideways price action due to that previous bearish Divergence which played out perfectly over the last few days but like I said in my last video the bearish Divergence was approaching an end and as of right now we’re basically at the end of that bearish Divergence technically playing out because we now have a new hidden bullish Divergence and the price is already starting to experience a little bit of a slight bullish relief just in the short term and if you want to become more confident that the price is actually officially flipping more bullish again and this bearish Divergence is completely invalidated ideally we need to see a breakout here in the RSI Above This descending line of resistance in order to become more confident that this bearish Divergence is officially invalidated and with that being said taking a very quick look at the price of salana because over the last one day nothing has really changed for salana we’re still looking very neutral just in the short term chopping around sideways and as of right now we still have this support line at around 160 and below that level if we were to see a confirmed break to the downside we still have this area of support in between 140 to 144 and as for resistance we’re still finding a lot of resistance in this area in between around 167 to 172 and above that level we have more resistance in between 182 to 186 approximately but once again like I’ve been saying over the last one week approximately we’re still looking very neutral just in the short term here for the price of salana which so far has been playing out exactly as expected and if you want to trade these moves in the price of any crypto once again check out those links down below this video to claim those extra bonuses and if you want to know how to trade crypto no matter if the price is bullish bearish or chopping around sideways then make sure to watch these videos popping up right here on your screen the video in the top left shows you how you can profit from bullish or bearish Price action using long positions or short positions and the video in the bottom left shows you he can easily profit from choppy sideways price action but anyway that is everything that I have to say for today I really hope you enjoyed and I’ll see you all in the next video

BITCOIN: TIME IS RUNNING OUT (Breaking SOON)!! Bitcoin News Today & Ethereum Price Prediction!
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Timestamps:
Important Bitcoin Analysis! 0:00
Ethereum Technical Analysis! 10:34
Solana Technical Analysis! 13:22

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*DISCLAIMER*
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