BITCOIN: IT’S HAPPENING AGAIN (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!

BITCOIN: IT’S HAPPENING AGAIN (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!

welcome back to the crypto ball channel of you’re on my name is Josh and right now this massive bullish signal is still playing out on the Bitcoin chart as the price of Bitcoin is now repeating history in the short term and also moving towards the next major area of liquidations so I’ll be talking about that in just a moment alongside ethereum also moving towards the next major bullish price Target while also flashing a new warning signal in the short term while this chart right here is about to change everything for Bitcoin and ethereum so I’ll be talking about all of that and more later in the video so definitely watch to the end first of all starting off on the 4-day Bitcoin chart and right now the price of Bitcoin is getting much closer towards the next extremely volatile move on the larger time frames as I explained in more detail in my last video and so if you’re new to the channel and you want to know more about this chart right here revealing the next major move coming very soon then make sure to watch my last video here on the channel because once again in that video I explained in more detail about this chart right here but ultimately we’re still technically within a larger bullish Market because as of right now we have not yet invalidated the higher lows and higher highs on the larger time frames so as of right now we’re technically still in a bull market but as always during a larger bullish Market on the larger time frames we can see short-term pullbacks here and there so just keep that in mind and if we’re taking a look at this daily bitco coin chart right here we can see that right now the daily Bitcoin RSI is already trending in the bullish direction as I’ve been saying basically every day over the last few weeks so at least for now on The Daily time frame we’re still very much looking more bullish than bearish as we’ve seen here in the past the last few times these signals have flashed so once again it doesn’t matter what really happens in the short term on the small time frames when we’re zooming out looking at the bigger picture we’re still currently within a larger bullish Trend or a larger bullish move on the larger time frames and if we’re taking a look at the dxy also on the daily time frame alongside the price of Bitcoin on the same time frame we can see right now the dxy is actually continuing the pull back to the downside at least in the short term which is once again a bullish signal for Bitcoin and crypto as we’ve seen time and time again and so as usual this time is not different we’re seeing basically the same thing play out over and over again which I’ve been sharing here on the channel and so if you’ve been watching videos you should be making a lot of easy money right now but if you’re new to the channel then definitely make sure you subscribe to this Channel with notifications turned on so that you don’t miss out on any of these important update videos where I’m sharing these important charts and my trading strategies basically every single day and so once again based on multiple patterns and indicators and signals all playing out on the daily time frame as of right now we’re still looking very bullish on the daily chart when we’re talking about the larger move or the trend on The Daily time frame and if we’re zooming in a little bit closer but staying on the daily time frame we can see that just over the last few days we found perfect support in this area of support as expected and Perfect Resistance along this area of resistance as expected but in case you’re new to the channel this area of resistance is sitting in between 72,000 to 74,000 and this area of support is sitting in between around 67,000 to 68,000 and so at least in the somewhat shorter term here while the price in between that support and that resistance we’re looking relatively neutral just in the short term but remember when we’re zooming out on the larger time frames looking at the bigger pitch we’re still looking very bullish and so essentially what’s happening at the moment is the price is just basically cooling off after this previous bullish move potentially getting ready for the next major move coming very soon as this chart shows and if we’re zooming all the way into the short term looking at the 1H hour time frame we can see right now the price of bit coin is basically repeating history because right now we’re actually seeing a new bullish Divergence play out on the 1 hour time frame because just recently over the last one day we have confirmed new lower lows in the price in the candle closes while also confirming higher lows in the 1H hour Bitcoin RSI which is a bullish Divergence that has already started to play out and if we’re simply looking at the last time this happened this happened around half a week ago and it played out over around 2 days give or take with where we had an initial bullish relief a bullish move in the short term followed by some choppy sideways price action and so if we continue to play out this bullish Divergence similar to how we played out the last bullish Divergence on the 1H hour time frame we could potentially see perhaps a little bit more bullish price action followed by a sideways consolidation But ultimately once again at least in the somewhat shorter term the price is still in this choppy sideways price range until we eventually break one of these areas but soon enough we’re going to have a very volatile move potentially in the coming weeks and so when it comes to my trading strategy right now as of right now I’m still currently in this Bitcoin long position that I’ve been sharing basically every single day very transparently here on the channel ever since I began entering into the position below $60,000 and so once again if you’ve been watching my videos over the last few weeks you should be making a lot of easy money right now as I’m doing right here this one trade has made more than 40 to 50,000 in just a couple of weeks and also even in the worst case scenario if the price just crashes right now for whatever reason in that case I would still profit from this trade because I’ve already realized some profits from the trade and on top of that my stop- loss is above my entry in profits which means in the worst case scenario if the price just crashes that would close the rest of the trade in profits and so once again if you’ve been following my channel over the last few weeks and if you took this trading strategy which I’ve been sharing transparently every day then as of right now if the price dumps you should still be making profits and if the price pumps you should also be making even more profits so basically it doesn’t matter if the price goes up or down I’m still making money with this trade and so this is why it is important to subscribe to this Channel with notifications turn on so that you don’t miss out on any of these important update videos where I’m sharing these trading strategies basically every day and also if you want to take trades just like this then personally I’m taking this trade right here over on bybit 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 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 where you can get up to a 200 usdt airdrop position just by making a buyit account using that link making a deposit and claiming the air drob and 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 kyc for bitflex and so I will also make sure to leave a link to bitflex down below this video as an alternative crypto exchange and if we’re taking a quick look at the Bitcoin liquidation hit map we can see over the last one day we took out a lot of short-term liquidity which was sitting just above $70,000 and that’s exactly what I was talking about in in my last video I said it’s very likely the price will cross above 70,000 to take out that liquidity causing a bit of a short squeeze in the short term which once again has exactly played out as expected but with that being said we still have a lot more liquidity to the upside mainly sitting at around 72,000 approximately which is basically acting as a magnet for the price of Bitcoin essentially that is going to help draw the price of Bitcoin towards that level and then once the price of Bitcoin eventually crosses above 7 2,000 that will liquidate hundreds of millions of dollars if not billions of dollars of short positions which can also cause a further short squeeze to the upside potentially triggering the next volatile move in the price of Bitcoin and if we’re taking a look at ethereum on The Daily time frame right now the price of eth is continuing the bullish breakout from the bullish falling wedge which I’ve been talking about for a long time now on the Channel with a technical price Target at around 4070 approximately so just below 4.1k and obviously as of right now the price is getting very close to that technical price Target so obviously if you took this trading Opportunity by entering a long position for example at the point of the breakout or even just buying some ethereum near the point of the breakout and holding it till now obviously you’ve done very well on this trade if you took that opportunity which I also shared here on the channel and if we’re taking a look at the 8h hour time frame like I said in my last video the price of eth was already starting to break out Above This 78.6% Fibonacci level of resistance which was sitting at around 3820 and since then we have seen more confirmation more candle closes well above that line right there and so technically speaking that level at 3820 should become new support in case we see some sort of pullback we should find some support around that level but in a more bearish scenario if we actually broke back below that level then obviously in that case the next major area of support to the downside is this area right here in between around 3.6k to 3650 and as for the next resistance to the upside to pay attention to that’s basically this previous High just underneath 4.1k but with that being said if we’re zooming further into the short term looking at the 4-Hour time frame the price of eth since my last video has actually invalidated that previous bearish Divergence that we saw right back here because since then the price has actually formed a new higher high in the candle closes but as of right now even though the price has formed a new higher high the RSI is still technically forming lower highs which means the price is potentially forming a new bearish Divergence but with that being said this new potential bearish Divergence in the price of eth on the 4-Hour time frame has not yet been confirmed because we still need to actually confirm the lower high in place in the RSI by seeing some red candle closes for example but essentially if we see that happen if we see let’s just say around 2 to three red candle closes actually confirm confirm here in the price confirming the lower high in place in the RSI then in that case this will likely continue to play out at least over the next 1 to 2 days or so in the form of either a short-term pullback or some choppy sideways price action as the most likely outcomes similar to what we saw right here at that previous bearish Divergence and if we’re taking a look at ethereum versus Bitcoin this is eth BTC on the weekly time frame and right now the price of eth when valued in Bitcoin is getting extreme ex close to a major breakout above a multi-year long line of resistance because the price of e has basically been constantly trending to the downside and getting rejections from this line of resistance since around 2 years ago since almost mid 2022 but right now we’re seeing a massive bullish Divergence play out on the weekly time frame that’s been forming for nearly one entire year and if we actually confirm this breakout in the price of eth versus Bitcoin Above This massive descending line of resistance that could change everything for ethereum versus Bitcoin compared to what we’ve seen over the last few years because basically over the last few years in my situation I’ve been holding a lot more Bitcoin compared to ethereum considering Bitcoin has been performing a lot better than ethereum over the last few years as we can clearly see by this massive downtrend in ethereum versus Bitcoin but if we see a major breakout here above this resistance and ideally above these previous highs which by the the way is sitting at around 0.061 Bitcoin per ethereum and if we break out above those highs right there on this chart then personally I’ll be looking to sell some of my Bitcoin to buy more ethereum so basically converting some of my long-term Bitcoin Holdings into ethereum because just for an example as always this is not Financial advice but just for an example let’s just say if I were to sell one Bitcoin at this breakout at these highs right here and let’s just say e BTC moved back up towards these previous highs approximately which would be around a 30% gain against Bitcoin in that example if I were to sell one Bitcoin right here to buy the equivalent amount of ethereum and then hold that for this move to the upside and then after a 30% move on this chart sell that ethereum back into Bitcoin then in that example I would have turned one Bitcoin into 1.3 Bitcoin with a 30% move to the upside on this chart and so that is the trading strategy for this chart right here if we confirm a breakout above these Highs but once again as of right now we have not yet confirmed the breakout and as always that’s not personal financial advice because I don’t know your personal financial situation I’m just being transparent with my trading strategies and if we’re taking a quick look at the price of salana on the 12-hour time frame over the last 1 day we’ve seen pretty much a perfect Bounce from exactly $160 which was a critical level to hold above and is now acting as new support as I’ve mentioned recently here on the channel and so 160 is still acting as strong support but in a more bearish scenario if we broke below 160 the next major area of support is sitting in between 140 to 144 and as for short-term resistance if we can break out Above This level at 172 which should be acting as a bit of resistance if we break out above 172 the next resistance to pay attention to is sitting in between around 182 to $186 approximately and above that we have more resistance in between $200 to $210 and we also have a bullish price target for the breakout for this invers header shoulders pattern at around $28 to $29 but obviously between now and then we have resistance to pay attention to and also that price Target would become invalidated if we see a confirmed break below 160 which as of right now has not happened and once again if you want to trade these moves in the price of any 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 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 in the next video

BITCOIN: IT’S HAPPENING AGAIN (Don’t Be Fooled)!! Bitcoin News Today & Ethereum Price Prediction!
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Timestamps:
Important Bitcoin Analysis! 0:00
Ethereum Technical Analysis! 8:14
Ethereum VS Bitcoin!! 10:48
Solana Technical Analysis! 13:17

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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.

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– Crypto World –