BITCOIN WHALES BUYING NOW (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!

BITCOIN WHALES BUYING NOW (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!

welcome back to the cryto channel
everyone my name is Josh and right now
the short-term pullback is continuing
for the price of Bitcoin but we are now
seeing a new signal flash on the chart
that we need to pay attention to as the
Bitcoin Wales are buying more Bitcoin
right now so I’ll be talking about that
in just a moment alongside ethereum
which is still currently forming this
massive pattern right now 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 look at some
bitcoin news today and Michael sailor
just announced that micro strategy
officially bought another
122 Bitcoin adding to their Holdings
which means micro strategy now holds
24,400 Bitcoin and so as Michael sailor
himself has said in the past basically
anytime micro strategy gets an extra bit
of cash in their Holdings they basically
convert any spare cash into Bitcoin and
so essentially micro strategy which is
one of the largest Bitcoin whales out
there they do have one of the largest
Holdings out of anyone in Bitcoin and
they’ve made it very clear not just by
the words of Michael sailor but by the
actions they’re actually taking place
they’ve made it very clear that micro
strategy is not slowing down they’re not
stopping these purchases anytime soon
and they also don’t really care about
what the Bitcoin price is that they’re
buying at they’re basically always
converting us into Bitcoin and so no
matter if the price is pumping dumping
or going sideways micro strategy once
again is pretty much always converting
any spare Us dolls into Bitcoin and
really the main reason as to why they’re
converting any spare cash into Bitcoin
is because Michael sailor and a lot of
people at micro strategy understand that
Bitcoin has better monetary properties
than the US dollar because obviously the
US dollar has no Supply cap and at any
point in time the Federal Reserve can
print any amount of US dollars that they
want to and so essentially if you’re
holding on to a large sum of US Dollars
you can be Dil Ed in your supply of US
Dollars you can be diluted by any amount
at any time and obviously that’s the
same with every fat currency in the
world the Australian dollar the US
dollar the Canadian dollar the British
pound Etc basically any of those
government-backed currencies can be
printed by any amount at any point in
time by the central banks of those
Nations but of course Bitcoin you cannot
simply just print more Bitcoin at any
time it has a fixed Supply and in order
to change that Supply you would have to
hard for Bitcoin which basically means
creating a new coin Al together and as I
shared here on my Twitter the Bitcoin
Wales are loading up on cheap Bitcoin
right now so if you’re Panic selling
Bitcoin right now because of the
short-term pullback you’re only going to
make the Wales richer because once again
the smart money the billionaires out
there understand that Bitcoin and assets
in general that have finite Supply have
Superior properties than fat currency if
you’re holding them over long periods of
time but anyway with that being said
getting into the Bitcoin charts today
looking at the 3-day time frame and as
of right now the price of Bitcoin is
technically still within a larger
bullish trend on the larger time frames
also known as a bull market and in case
you’re new to all of this even a bullish
Market can contain short-term pullbacks
here and there in fact this variable
Market that we’ve been in since around
the beginning of 2023 has had multiple
pullbacks of more than 20% along the way
and so it’s important to understand that
nothing moves in a straight line and
we’re always going to see some
short-term volatility if we’re looking
at smaller time frames and if we’re
taking a look at this daily Bitcoin
chart we can still see the price of
Bitcoin is potentially forming a massive
bullish flag pattern but this only
really confirms with a bullish price
Target if we see a confirmed breakout
above this line of resistance which is
sitting at around 715,000 and it’s also
very important at least in the shorter
term for the Bulls to hold above this
line of support which is sitting at
around 60 to 60 1,000 because basically
if we start seeing candle closes on The
Daily time frame or any larger time
frame below $60,000 back into the 50k
range then in that scenario it would
actually be quite likely that we could
return towards this next major area of
support and resistance sitting at the
lower 50k prices around 51 to 52k give
or take but obviously as of right now
that scenario has not confirmed because
we have not yet confirmed a break below
this line of support and so at least as
of right now in the somewhat short term
the price is basically just in a
consolidation range during a much larger
bullish Trend and if we’re taking a look
at this daily Bitcoin chart looking at
the dxy this is once again experiencing
a bit of a short-term pullback just over
the last one day and so as I’ve said
recently here on the channel if this
pullback continues in the dxy then it’s
actually quite likely that we could see
more of a bullish reversal in the price
of Bitcoin when we’re talking about the
larger moves here but once again during
these larger bullish moves we can see
short-term dumps here and there so just
keep that in mind but basically while
the dxy is pulling back that is a good
sign for Bitcoin and crypto when we’re
talking about the larger moves on the
chart but if we’re taking a look at the
short term obviously over the last few
days the price of Bitcoin has been
pulling back in the short term basically
ever since we confirmed to break to the
downside from this bearish Rising wedge
pattern which I mentioned here on the
Channel all the way back here and since
then we’ve already hit the first major
price Target for that bearish pattern
which was sitting at around 625,000
approximately but there is also the full
complete technical price target for the
rising wedge which is sitting at the
bottom of the wedge at around 60 to
61,000 to give or take and so just keep
that in mind there’s still a possibility
that we could see a little bit more
short-term bearish price action before
eventually at some point later on
heading back to the upside and if we’re
taking a look at this 4-Hour Bitcoin
chart right now the price of Bitcoin has
just confirmed a new bullish Divergence
on the 4-Hour time frame by confirming
lower lows in the price in the candle
closes and higher lows in the 4-Hour
Bitcoin RSI and the last bullish
Divergence that we saw actually confirm
on the 4-Hour time frame was right back
here roughly around half a month ago and
we can see the outcome of that previous
bullish Divergence obviously we saw a
bullish relief over the next one week
approximately and usually a bullish
Divergence plays out in the form of a
bullish relief in the short term or
sometimes just a sideways consolidation
as the most likely outcomes just over
the next few days here and especially
when you consider the fact that we have
major support in this region in between
61 to 62,000 with some support at around
60,000 basically I would not be
surprised if we do see a little bit of a
break from that short-term pullback once
again in the form of a sideways
consolidation or possibly a bit of a
bounce back to the upside at some point
within the next few days or so but this
signal bu itself on the 4-Hour time
frame is not necessarily enough to
confirm a massive bullish Trend reversal
so just keep that in mind and as for
short-term resistance on this chart
these levels have not changed over the
last one day so if you’re new to the
channel and you want to know these
levels of resistance then check out my
last video here on the channel and if
you want to actually trade these moves
in the price of Bitcoin no matter if
we’re bearish or bullish you can make
money in either Direction with long
positions or short positions and
personally I trade those moves over on
bybit so I’ll make sure to leave a link
to bybit in the description down below
and in the pin comment and if you use
that link down below this video to make
a buyit account and deposit on that
account you can get up to a $30,000
deposit bonus but only if you use that
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you use that link it’ll take you to this
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so if you’re going to be trading crypto
anyway you might as well check this out
once again first link down below this
video but for whatever reason if you
cannot access bybit or if you cannot kyc
on bybit there is also bitflex which is
another crypto exchange similar to
buybit but you don’t need KY for bitflex
and so I will also make sure to leave a
link to bitflex down below this video as
on alternative crypto exchange and if
we’re taking a quick look at the Bitcoin
liquidation heat map we can still see
some short-term liquidity to the
downside sitting at around 615,000
approximately and so like I just said
earlier there’s still a possibility that
we could see a little bit more
short-term bearish price action just to
take out that little bit of liquidity to
the downside but with that being said we
still have a massive amount of liquidity
to the upside mainly sitting at around
675,000 and so ultimately it’s very
likely that sometime soon the price of
Bitcoin is going to move back up towards
that area of liquidity because in case
you’re new to all of this usually the
price of Bitcoin moves towards where
there’s a lot of liquidity especially if
it’s close to the price and with that
being said getting into the ethereum
part of this video this is on the daily
time frame and right now the price of
eth is potentially still forming this
massive falling wedge pattern and as of
right now this support line for this
pattern is sitting at around 2.9k with
this resistance line sitting at around
3.4k and statistically speaking a
falling wedge is a bullish pattern
because around 2/3 of the time it breaks
out to the upside and around a third of
the time we see a falling wedge break to
the downside which basically means it’s
not impossible to see a break to the
downside from a falling wedge but that’s
simply the less lik scenario but either
way we simply just need to wait to
actually confirm a breakout Above This
resistance in order to actually confirm
the bullish price Target and this
pattern in play and the price Target to
the upside for this falling wedge once
we actually confirm a breakout Above
This resistance that price Target would
be sitting at the top of the wedge at
around
4.1k but once again as of right now that
price Target is not yet confirmed it is
not yet active because we have not yet
confirmed a breakout above Above This
resistance and if we’re zooming into the
shorter term looking at the 8 hour time
frame obviously over the last one day we
saw that move to the upside and then a
slight pullback to the downside back
below this previous area of resistance
which was sitting in between around 3.2k
to 3250 and so this is technically a
sign of a weakness in the short term
obviously that breakout to the upside is
now invalid because if we break back
below a level on the chart that
invalidates the breakout to the upside
and so technically speaking while we’re
still forming higher lows and higher
highs that is still technically bullish
price structure which means the price is
currently more bullish than bearish but
with that being said it is quite clear
that at the moment the price is lacking
momentum so even though we’re currently
more bullish than bearish we are lacking
extreme bullish momentum we do not have
a lot of bullish momentum and so like I
said earlier in the video for Bitcoin
how Bitcoin is basically in a massive
consolidation range during a much larger
bullish Trend we’re basically seeing
something similar for the price of eth
where ethereum is basically chopping
around looking relatively neutral not a
lot of momentum in the short term but
once again when we’re zooming out on
much larger time frames that’s occurring
within a much larger bullish Trend it’s
just we’re taking a break at the moment
from the larger bullish trend on the
weekly chart for example and obviously
if we’re taking a look at this 8h hour
time frame with the break back below
that line at around 3250 once again like
I just said that technically invalidates
this breakout to the upside which now
invalidates this cup and handle pattern
and that bullish breakout but what is
not invalidated is this massive bullish
Divergence still currently active on the
weekly time frame for the price of eth
versus Bitcoin this is ethereum versus
Bitcoin on the weekly time frame and
since yesterday we’ve just confirmed
another weekly candle close now two
weekly candle closes in the green which
once again technically confirms this
bullish Divergence in place and if you
want to know more about this chart right
here which is something important to pay
attention attention to if you want to
know more about this chart then check
out my last video here on the channel
because in that video I went into much
more detail about this chart right here
and if we’re taking a look at the price
of salana just giving you a quick update
on the 8 hour time frame as of right now
the price is still basically in this
sideways consolidation range in between
this support and this resistance first
of all we have a major area of support
in between around 120 to 128 with some
short-term support at around 133
and as for resistance we do have some
short-term resistance that we’ve just
recently found at around 144 but we have
a major area of resistance in between
around 150 to 155 with some more
resistance at around 160 but essentially
ever since 2 weeks ago the price has
been chopping around sideways in this
sideways price range once again in
between this support and this resistance
and once again if you want to trade
these moves in the price of any crypto
no matter if the price is bullish or
bearish you can make money in either
direction and if you want to trade those
moves check out those links down below
this video if you want 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 it is
at the moment 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
how you 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 WHALES BUYING NOW (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!
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Timestamps:
Bitcoin News Today!! 0:00
Important Bitcoin Analysis! 2:58
Ethereum Technical Analysis! 8:54
Solana Technical Analysis! 12:08

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*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.

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