BITCOIN PUMP LOADING? (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!

BITCOIN PUMP LOADING? (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!

welcome back to the crypto Channel everyone my name is Josh and right now Bitcoin is still playing out this bullish Divergence as the German government is now out of Bitcoin while the price of Bitcoin is now once again running into this critical area of resistance while ethereum is still buting from this critical area of support so I’ll be talking about all of that and more later in the video so definitely watch to the end first of all just before taking a look at the Bitcoin charts today we need to talk about the bitcoin news today because right now the German government is now out of Bitcoin in fact just over a week ago they were holding over a billion dollar worth of bitcoin and right now they’re holding barely $37 worth of bitcoin and so essentially the German government has wiped out their entire Bitcoin Holdings just in the last one week or so which basically means there’s no more selling pressure now from the German government because they’ve completely got rid of all of their Bitcoin and so obviously that is good news for the price now that we’ve taken a major seller out of the market because they’ve run out of Bitcoin and at the same time some other bitcoin news today is looking at the Bitcoin ETF flows on Friday we actually had some good news with a massive net inflow of over $300 million and so obviously this broke the trends that we saw earlier in the week from Monday through to Thursday we were seeing declining net inflows each and every day earlier in the week up until Friday where we saw the largest net inflow for the week and so basically while the German government was dumping their Bitcoin Holdings over this last last one week we saw Black Rock and Fidelity in particular buy a lot of that Bitcoin off the market basically from Germany essentially and now that Germany is done selling their Bitcoin if we continue to see these net inflows going into next week this could be positive for the price of Bitcoin because in case you’re new to all of this basically a net inflow means new money coming into the market in the form of US Dollars buying ETF shares and those US dollars are going to ETF providers like black rock or Fidelity for example and those ETF providers are having to buy Spot Bitcoin in order to back their spot Bitcoin ETFs which is what gives the ETF shares value and so essentially if we’re seeing a $310 million net inflow into the spot Bitcoin ETFs like what we saw on Friday that is$ 310 million us coming in and buying Bitcoin but with that being said if we’re taking a look at the 4-day Bitcoin chart as of right now we’re technically still within the much larger bullish Trend also known as the bull market at least based on this super Trend indicator right here on the 4-day Bitcoin chart because at least for now it’s still sitting in the green we have not confirmed any reversal signal as of right now in the super Trend indicator and if you want to know more about this indicator right here and when it could potentially flip bearish then check out my last few videos here on the channel because I talked about this indicator in more detail in my last couple of videos here on the channel and the same can be said about this 3-day Bitcoin chart right here because over the last one day nothing has really changed on this chart right here so once again if you’re new to the channel and you want want to know more about this chart then check out my last video here on the channel and if we’re taking a look at the daily Bitcoin chart as of right now the dxy is massively pulling back to the downside as I mentioned in my last video which is technically a very bullish signal for the price of Bitcoin because if we’re simply taking a look at the last few times where we saw a major bearish Trend or a major crash here in the dxy on the daily time frame basically during all of those times we saw significant bullish press action or at least a short-term bullish Trend here in the price of Bitcoin and so once again around a week ago we did have the German government dumping Bitcoin on the market which is basically what caused this short-term dump right here but once again right now the German Government is out of Bitcoin they’ve already sold all of their Bitcoin Meanwhile we’re still seeing this massive bullish signal flash so honestly I’ll not be surprised if we actually see a bit more of a bullish relief in the coming days or weeks and that’s also due to the fact that this bullish Divergence on The Daily time frame is still actively playing out as expected like I’ve been saying over the last half a week to nearly one week now I expect either a slight bullish relief or at the very least some choppy sideways price action so basically just a break or relief from the short-term bearish Trend potentially for the remainder for this week in fact most likely the remainder of this week possibly moving into next week as well and so once again this is still playing out as expected but we still need to keep in mind areas of resistance where the price could likely struggle at for example in between around $60,000 to 61,000 that is our first area of resistance to pay attention to here on the daily time frame and if we see a confirmed breakout back above around 61,000 we also have a significant area of resistance in between around 63 to 64,000 also more resistance in between 67 to 68,000 and more resistance in between 72 to 74,000 and personally OD start flipping a lot more bullish in the short term in terms of the trend and momentum if we can first before at least see a breakout back above around 60 to 61,000 and there’s also the possibility that we could form an inverse H pattern here if we break out back above this first area of resistance but then see an initial rejection at the next area of resistance we could potentially form an inverse Head and Shoulders pattern with a left shoulder right here a possible head that’s forming right now and once again if we see that first breakout but then a rejection first of all from that next area of resistance that could possibly form some sort of right shoulder but obviously as of right now that potential inverse H shoulders pattern that could be forming is no way confirmed right now it’s still got a long way to go and might not confirm at all because we need to still see that sort of movement play out in the coming week or so and so just to make things clear while we have not yet broken out back above any key resistance here on the daily time frame at least for now we have not fully confirmed a bullish Trend reversal because for all we know we could see another rejection from Key resistance like what we saw just here at that previous bullish relief and so we at least need to see at least one confirmed breakout above key resistance in order to start flipping much more bullish again in terms of the trend and momentum but we already have some bullish signals going for us like the bullish Divergence that’s still playing out and once again I continue to expect this to play out for at least the remainder of this week possibly going into next week as well and on top of that like I just said earlier we have a massive pullback or even a crash here in the dxy which is an extremely bullish signal for the price of Bitcoin and if you want to trade any of these moves in the price of Bitcoin or any other crypto personally I take just about all of my trades over on buybit so I’ll make sure to leave a link to bybit 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 buybit 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 a massive Lucky Draw happening right now and this is only happening for the next 7 days and so just by trading crypto using the link down below this video you get these chances right here into this Lucky Draw where you could potentially win some free Bitcoin or ethereum or usdt or trip to an F1 race or up to $100,000 just by trading crypto using that link down below this video and so especially if you’re going to be trading crypto anyway you might as well check this out once again first link below this video but for whatever reason if you cannot access bybit or if you cannot KY on bybit there is also bitflex which is another crypto exchange similar to buybit but you don’t need qic 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 with that being said zooming into the short term looking at the 4-Hour Bitcoin chart and right now the price of Bitcoin is just about to run into some key resistance sitting in between around 595,000 to $6,000 or if we’re looking at some of these previous 4 our candle closes right here we also possibly have some short-term resistance at around 58.8k to 58.9k and so simply based on these previous highs and these previous lows and also a significant Fibonacci area on the chart right here basically in between around 59 to 60,000 we do have a bit of shortterm resistance we need to pay attention to so just keep in mind it is still possible for the price to struggle here in the shortterm around resistance but if we see a breakout back above around $60,000 also we still have this area in between 60 to 61,000 but once we finally see a confirmed breakout back above around 61,000 then we’re likely going to see a return back up towards this previous high sitting in between around 635,000 to 64,000 and also keep in mind we’re now in a weekend which means usually we end up seeing relatively neutral price action over weekends of course there are some weekends here and there where we do experience a little bit more volatility compared to other weekends but the majority of the time most of the highly volatile moves in the price of Bitcoin happen during the week as we see right here for example or right here or basically almost every single week the majority of the very volatile moves happen during the week on the weekdays and usually the more boring price action or neutral price action usually happens over the weekends and so just keep that in mind we’re most likely going to see a relatively new dual price action potentially just for the weekend but as always that is the likely scenario based on what we’ve seen in the past and nothing is 100% guaranted and if we’re taking a quick look at the Bitcoin liquidation heat map obviously right now the price is moving closer towards this major area of liquidity sitting in between around 59.8k to $60,000 and like I said in my last video here on the channel it is extremely likely that sometime soon in the coming days it’s extremely likely that the price of Bitcoin will head towards that area of liquidity so close to $6,000 to wipe out a lot of those positions and now we have to also keep in mind that while the price of Bitcoin is heading to the upside here in the short term we actually have some new downside liquidity starting to build below the current price of Bitcoin sitting at around 56.4k to 56.5k but even though we’re starting to build more liquidity at around 565,000 keep in mind we still have more liquidity currently sitting above the price at closer towards $60,000 just underneath $60,000 compared to that amount that’s sitting at around 565,000 and with that being said if we’re taking a look at ethereum on The Daily time frame right now the price of eth is continuing the Bounce from this critical area of support sitting in between around 2.8k to 2.9k so we’re simply still bouncing from that area at the same time as bouncing from oversold territories here in the daily ethereum RSI and obviously this was one of the most expected outcomes here in the short term as I’ve been saying basically every day for the last one week I’ve been expecting either a bullish relief or just some choppy sideways press action so basically a break or relief from the short-term bearish trend for the remainder of this week possibly moving into next week as the most likely scenario and that’s due to the fact that Bitcoin is playing out a slight bullish relief but also due to the fact that once again we’re bouncing from oversold territories and if we’re taking a look at the last few times where we saw oversold signals flash here in the daily ethereum RSI usually that means we’re at some sort of local low and we doe to see more bullish price action at least in around a week or so or at the very least we’re about to see a sideways consolid so choppy sideways price action before potentially continuing the trend later on and so at least for now we’re still playing out that oversold signal as expected in the form of a bullish relief as expected but in order to actually start confirming a new bullish Trend in the price of eth we ideally need to break out back Above This Fibonacci level of resistance which is sitting at around 3250 and at least as of right now that has not yet happened and so that is still the immediate level of resistance to pay attention to alongside around 3220 based on this candle Weck high and as for support we do have a decent amount of support in between around 350 to 3080 and as for other areas of support and resistance obviously if we break below 3050 once again we have that major area of support right here in between 2.8k to 2.9k and as for resistance if we see a further breakout back above around 3250 we also have more resistance at around 3390 so just below 3.4 and more resistance at this golden pocket sitting in between around 3530 to around 3570 and so once again just to make things clear right now I’m continuing to expect a bullish relief or at least some choppy sideways price action during that short-term bearish Trend like what we saw just here or just here for example but in order to start confirming a new bullish Trend and basically calling the end of this bearish trend right here we need to start breaking out back above key levels of resistance to be more confident that we’re finally flipping much more bullish again and with that being said if we’re taking a look at the price of Salada on the 12-hour time frame and right now the price of salana is once again retesting this critical area of resistance sitting in between around $140 to $144 and if we can finally see a confirmed breakout back above 144 with candle closes back above that level then in that case the next resistance to pay attention to is sitting in between around 152 to 154 and we have a significant level of resistance at around 160 and now if we were to see yet another rejection from this area of resistance right here then in that case we still have a significant amount of support in this price range sitting in between 120 to 128 and in terms of the short-term Trend and momentum for the price of salana like I’ve been saying for a while now on the channel we’re actually looking relatively neutral when it comes to the trend and momentum because the price is basically just trending sideways but with a lot of volatility in between playing out choppy sideways price action in a large sideways price range similar to what we saw back here and so at least just in the short term as in for the rest of this weekend possibly moving into early next week this is what I continue to expect here in the imminent short term for the price of salana as the most likely scenario just some large choppy sideways price action here but once again if you want to trade any of these moves in the price of salana or any other crypto check out those links down below this video to claim those extra bonuses and if you want to actually know how to trade crypto no matter if the price is bullish bearish or chopping around sideways like right here 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 PUMP LOADING? (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!
🔥 *Bybit Lucky Draw* 👉 https://bit.ly/LuckyDraw100k 👈 *(Win up to $100k!)*

► How To Trade on Bybit (Step by Step Tutorial): https://youtu.be/oIr4rxDb82U

🔥 *SIGNUP TO BITFLEX* 👉 https://bit.ly/BitflexSignup 👈 *(No KYC)*
🤑 Deposit & start trading to Earn Up To *$68,888 in Rewards* 🤑

► Pionex 👉 https://bit.ly/PionexGPT 👈 (10% discount on fees)
🔥 ChatGPT Passive Income Method: https://youtu.be/ckY3o_1XNqI

► SIGNUP TO BITGET 👉 https://bit.ly/BitgetSignup 👈 *($5,000 Bonus)*
🔥 15% OFF Trading Fees + Copy Trading 🔥
► How To Trade on Bitget (Step by Step Tutorial): https://youtu.be/fxAiNcRXrPg

💰 Crypto Trading Course 👉 https://cryptoworldjosh.com 👈

💳 *NEW Bybit Card* 👉 https://bit.ly/BYBITcard 👈 *(Up to 10% Cashback)*

► Bybit Trading Bot 👉 https://bit.ly/BybitTradingBot 👈
► Trading Bot Tutorial Video: https://youtu.be/TzvmikI974E

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

💬 Follow Me On Social Media:
► Twitter: https://twitter.com/CryptoWorldJosh
► Instagram: https://instagram.com/CryptoWorldJosh
► Backup YouTube channel: https://www.youtube.com/CryptoWorld2nd

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
✅ OTHER CRYPTO PLATFORMS I USE:
► I use CryptoQuant for On-chain Analysis: https://bit.ly/CryptoQuantJosh

► I use TradingView for Technical Analysis: https://bit.ly/TradingViewJosh
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Timestamps:
Bitcoin News Today!! 0:00
Important Bitcoin Analysis! 2:20
Ethereum Technical Analysis! 10:27
Solana Technical Analysis! 13:02

*Bybit $30,000 Bonus breakdown:
► Up to $30,000 from Deposit Blast off

*Bitget $5,000 Bonus breakdown:
► Up to $5,000 from Deposit Bonus

#Bitcoin​ #BTC #Ethereum​ #ETH​ #CryptoWorld #Solana #SOL #Cryptocurrency​ #Invest​ #Crypto​ #TheFed​ #News​ #marketanalysis​ #entrepreneur​ #business​ #success​ #investment​ #finance​ #bitcoins​ #StockMarket​ #BestCryptocurrency​​

*DISCLAIMER*
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. Crypto World, “Josh” and affiliates are not responsible for individual loss due to poor trading decisions or any other actions which may lead to loss of funds.

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

This video relates to the following:
bitcoin, btc, bitcoin news, btc news, bitcoin price, btc price, bitcoin news today, bitcoin today, btc news today, btc today, crypto, cryptocurrency, cryptocurrencies, digital currency, digital currencies, crypto world, cryptoworld, cryptowrld, crypto news, cryptocurrency news, altcoins, altcoin news, best altcoin, best altcoins, ethereum, litecoin, bitcoin cash, news, bitcoin breakout, bitcoin price target, bitcoin price prediction, btc price target, btc price prediction, price prediction bitcoin, price prediction btc, ethereum price, eth price, ethereum today, eth today, ethereum price now, eth price now, ethereum news, eth news, ethereum breakout, eth breakout, price prediction 2024, price target 2024, btc target, eth target, bitcoin price breaking out, bitcoin price breakout, ethereum price breakout, ethereum price breaking out now, 2024, end for bitcoin, bitcoin crash, bitcoin price prediction, bitcoin price prediction 2024, bitcoin 2024, bitcoin crash, bitcoin crashed, crash bitcoin, bitcoin dump, bitcoin pump, bitcoin dip, buy the dip, bitcoin bear market, bitcoin bull market, new prediction, new bitcoin price prediction, bitcoin explained, bitcoin analysis, buy bitcoin, bitcoin sell off, bitcoin bottom, ethereum crash, ethereum breakdown, ethereum dip, ethereum crash 2024, buy ethereum, buying ethereum, alt season, altcoin season, altseason, altcoin season 2024, alt season 2024, technical analysis, bitcoin technical analysis, trending cryptocurrency today, crypto predictions today, when will bitcoin crash, ethereum technical analysis, ethereum signal, ethereum merge, bitcoin conference, crypto news, recession, stock market, ethereum merge explained, ethereum merge price prediction, ethereum merge date, ethereum merge news, solana, sol, solana price prediction, solana crypto, solana news today, solana news, solana coin, solana technical analysis, bitcoin etf, bitcoin etf news, bitcoin etf update, bitcoin etf approval, btc etf, blackrock bitcoin etf, bitcoin blackrock etf, will bitcoin etf get approved.

– Crypto World –