BITCOIN DUMPING NOW (Final Warning)!!! Bitcoin News Today & Ethereum Price Prediction!

BITCOIN DUMPING NOW (Final Warning)!!! Bitcoin News Today & Ethereum Price Prediction!

welcome back to the crypto ball Channel everyone my name is Josh and right now Bitcoin is rejecting again from this critical area of resistance while this warning signal is still flashing for Bitcoin and other cryptos while a new warning signal is flashing for Bitcoin that we need to pay attention to so in just a moment I’ll be talking about my exact trading strategy alongside ethereum now running into critical short-term support while ethereum is still rejecting against Bitcoin 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 3-day Bitcoin chart and over the last one day not a lot has really changed on the 3-day time frame right here because as of right now the price of Bitcoin is technically still forming higher lows and higher highs here on the larger time frames also known as a bullish Trend or a bull market but as I explain in every video here on the channel because I need to explain it because some people still don’t understand there’s a difference between different time frames so even though the price can remain within a larger bullish trend on the larger time frames if we’re looking at a slightly smaller time frame we can see short-term dumps and short-term pullbacks here and there on slightly smaller time frames in the shorter term during a larger bullish Trend and once again I’m having to explain that basically every video here on the channel because I still get comments from time to time saying that on one time frame I’m bullish and on another time frame on bearish but once again those two do not necessarily contradict each other because during these larger bullish Trends during these larger bullish moves we can see short-term dumps here and there and so that’s why I always say it is important to understand the difference between the different time frames on the larger time frames nothing much has really changed over the last one day but obviously on small time frames that can flip between bullish and bearish basically every single day and if we’re taking a look at this 3-day bit coin chart right here obviously over the last one day we have seen yet another rejection from this resistance which was sitting close to 72,000 approximately or if we’re looking at this candle close right here that’s sitting closer towards 71.7k and once again as I’ve explained over and over again here on the channel over the last few days in order to actually confirm that 87K price Target that I talked about a few days ago in order to confirm that we need to first see a confirmed breakout above this neckline Above This resistance area which as of right now has not happened and so once again even though I talked about a possible price Target at 86 to 87,000 that is not yet confirmed as I’ve also explained in recent videos here on the channel because in order to confirm that price Target and this pattern we need to confirm a breakout Above This resistance which once again has not currently happened and in case you’re new to this channel in order to actually confirm this pattern and that technical price Target at around 86 to 87,000 we would need to see at least ideally a 3-day candle close confirm Above This neckline but ideally above around 73 to 74,000 to become much more confident that we’re really breaking bullish which once again as if right now has not happened and if we’re taking a look at this daily Bitcoin chart right now what we are seeing in the dxy also known as the US do index is actually a spike to the upside over the last one day which at least in the shorter term is a bearish signal for Bitcoin which is perhaps one of the reasons as to why we’re seeing a bit of a dump just in the imminent short term here in the price of Bitcoin but at least as of right now the dxy has not fully confirmed a bullish Trend reversal because at least at the time of recording this video the dxy is still currently forming lower highs and lower lows but if we start seeing a breakout in the dxy above these previous highs forming a new higher high and then especially if we form a new higher low after that something like this in the dxy then that will be a bearish trend reversal signal for the price of Bitcoin here on the daily time frame if we’re talking about these shorter term bullish and bearish Trends here on the daily Bitcoin chart and so once again on the daily time frame here we have more shorter term trends that last for a few weeks up to a few months but when we’re zooming out on a larger time frame like the 3-day chart this is all occurring within that much larger bullish Trend also known as the bull market that has been the case since the beginning of 2021 and so once again we need to know the difference between the different time frames on the 3-day chart we’ve been non-stop bullish since over 1 and a half years ago on the daily time frame this flips between bearish and bullish more often usually every month or so every couple of months but obviously if we’re zooming into say the 1H hour chart or the 4H hour chart that can flip between bullish and bearish almost every day and so once again what we are now seeing in the dxy is an early warning signal this is an early signal pointing towards more bearish price action for Bitcoin but at least as of right now we have not fully confirmed a bullish Trend reversal in the dxy which means at least as of right now we have not officially confirmed a bearish trend reversal in the price of Bitcoin so for all we know this could just be a short-term dump within that bullish Trend so at least for now this is a warning signal to pay attention to but we still need to wait for extra confirmation in order to flip much more bearish again in terms of the trends here and if we’re taking a look at this daily Bitcoin chart over the last one day we’ve seen yet another perfect rejection from this exact area of resistance that I’ve been warning about over and over again here on the channel we still have a lot of resistance at around 72 to 74,000 and over the last one day we rejected from pretty much exactly $72,000 and as I explained in my last video this was one of the major reasons as to why I was looking to take some profits on my Bitcoin long position at around 72,000 and over the last one day I did exactly that because just yesterday this was a $200,000 Bitcoin long position but as you can see on the left hand side this is now a $100,000 Bitcoin long position and so overall I am still actually long on the price of Bitcoin because this is more of a swing trade but once again I’ve taken a bit of profit off the table out of this long position which I said I would yesterday before this dump even happened but as I also explained in my last video I’m not actually selling Bitcoin into US dollars or into stable coins I’m simply taking profits from a leveraged long position and because this is an inverse Perpetual trade the profits are actually paid out in Bitcoin and so effectively what I’m doing here when I’m taking profits off the table from this long position is just deleveraging my position I’m basically turning a leveraged Bitcoin long position into normal no leverage spot Bitcoin and obviously I’ve been sharing this trading strategy step by step basically every single day very transparently here on the channel since I began entering into the trade below $60,000 and once again I’ve been sharing where I’m looking to take profits from this trade even before the moves happen before I actually take the profits and of course as I said in my last video another reason as to why I was looking to take some profits off the table for this Bitcoin long position right here alongside the fact that we are running into critical resistance where we’ve previously rejected from multiple times on top of that we were also seeing relatively High funding rates obviously they’re not super high but they are above neutral which means the long positions are having to pay more and more fees just to keep the long positions open if we’re seeing High funding rates above neutral and so due to those two reasons once again as I outlined in my last video due to the high funding rates and the price running into major resistance I said this is the area where I’m looking to take some profit from my Bitcoin long position and so far from this Bitcoin long position I’ve secured around $30,000 in profits and as of right now there’s still around $144,000 in unrealized profits and once again I’ve been sharing this very transparently step by step since I began entering into the trade and if you also want to take trades just like this for yourself 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 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 where you can claim an exclusive 200 usdt airdrop position just by making a buit account using that link making a deposit and claiming the airdrop 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 bybit but you don’t need kyc for bitflex and so I’ll will also make sure to leave a link to bitflex down below this video as an alternative crypto exchange and so now that the price of Bitcoin has played out another short-term pullback another rejection again from this same area of resistance what can we expect moving forward from now and well first of all the major area of support that I’m focusing on is this area of support right here that has held us support for a while now over the last couple of weeks which is sitting in between around 67 to 68,000 and so that will be an important level for Bitcoin to hold above because if Bitcoin starts breaking back below around 67,000 with daily candle closes back below 67,000 then in that case that would be a short-term bearish signal pointing towards potentially a further move towards this area sitting in between around 63 to 64,000 and so basically if we start breaking below around 67,000 with confirmation then I may look to close the rest of this long position or a lot of this long position if we start breaking below some of those important levels on the chart but on the other hand if we hold above this area because obviously it’s worth having multiple plans based on multiple scenarios so that we can profit no matter what happens and so once again if we hold above this area on the chart and we actually bounce around this area again then personally I may actually look to add to that bit coin long position and so once again if we start bouncing around this area on the chart around 67 to 68,000 then personally I would be interested in potentially adding to this long position increasing the size of this position after taking profits closer towards 71 to 72,000 and so once again that is simply my trading strategy that I’m using here as always not personal financial advice because I don’t know your personal financial situation but personally this is the trading strategy that I will be using once again if we break below these lows right here I do have a stop loss right around here to basically close the rest of the trade if we break further to the downside below this support but if we B around this area I may look to add to this long position to accumulate essentially more Bitcoin using this long position and so by doing that no matter what happens I make profits from this trade if the price dumps and hit this stop- loss that stop- loss is massively in profits and I’ve already secured profits off the table for this position so even if the price dumps in this worst case scenario I’m still making money from this trade but of course if we Bounce from here and especially if we bounce around this area where I may look to add to that long position then obviously I’d make even more profits from this trade if we see a further bounce and even if we don’t make it all the way to that area of support and we bounce basically right now and head all the way back up even taking profits at around 71 to 72,000 was beneficial because those profits once again are paid out in Bitcoin and of course Bitcoin increases in value if the price of Bitcoin goes to the upside and so essentially I’m laying out trading strategies and plans in either scenario no matter what happens here to make a lot of easy money in crypto and as you can see right here it is working perfectly 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 completely for free by the way on this YouTube channel and if we’re taking a look at the 4 Bitcoin chart obviously over the last one day once again just recently we have seen a bit of a short-term dump after that major rejection from this resistance and so as of right now this breakout to the upside is effectively invalidated technically speaking we do need a break below the point of the breakout at around 68.7k give or take in order to technically invalidate the breakout but obviously if you’ve been watching my videos over the last few days I said this is the area to enter a long position if you’re taking this breakout trade right here and personally in this situation I’ll be moving my stop loss at least to my entry ideally into profits so that in the worst case scenario you secure profits if your stop loss is in profits and so this is exactly why I talk about moving my stop loss into profits and obviously if you did that with this trade that trade should be closed by now in profits if your stop loss was in profits above this entry and so this is why I always talk about how we cannot forget about these other areas of resistance that are sometimes sitting between the current price and the price Target that the price can still struggle at and potentially fail to hit the price Target because we still have strong resistance in this area and with that being said taking a look at ethereum on The Daily time frame and ethereum is basically just following what Bitcoin is doing at the moment so technically speaking we have not invalidated this previous bullish breakout for the bullish falling wedge which technically means we still have a price Target in play at around 4070 but like I’ve already been saying over the last few days the price of eth is basically lacking momentum in the short term we’re pretty much just playing out some choppy sideways price action so i’ not necessarily be overly bullish in the immediate short term because we’re lacking momentum and if we’re taking a look at this 8 hour time frame just recently the price of ether has broken back below this Fibonacci level which was sitting at around 3820 and we have broken back below these previous lows which was a short-term bearish signal and like I mentioned recently we have major support in this area in between around 3.6k to 3650 and at least for now that is still currently holding as support and so as of right now that is still the important area of support to pay attention to at least in the short term which was previous support and previous resistance once again in between 3.6k to 3650 but what if the price actually confirms a break below 3.6k well in that case if we start seeing candle closes ideally on The Daily time frame below 3.6k then in that case we could likely return down towards around 3450 and in a more bearish scenario we should have major support at around 3.3k but once again as of right now we have not yet confirmed a break below 3.6k so this is still the area of support to pay attention to and as for short-term resistance we’re most likely going to find some resistance around this area if we see a further bounce back to the upside at around 3820 give or take and more resistance closer towards around 39.50 and more resistance just underneath 4.1k but once again at least in the short term ethereum is kind of lacking momentum and one of the reasons as to why ethereum has been lacking momentum over the last few days over the last week or so is due to eth BTC rejecting against Bitcoin basically ethereum rejecting against Bitcoin and I’ve explained this in more detail in my last couple of videos here on the channel so if you missed my last video definitely check that one out but basically ethereum at least as of right now is underperforming against Bitcoin and if we’re taking a quick look at the price of salana on the 8 hour time frame obviously over the last one day salana simply followed along with what Bitcoin and ethereum was doing with that shortterm dump just recently and at least as of right now we do have a bit of support in this area at around 160 which so far we’re holding slightly above at least as recording this video but if we start seeing a confirmed break below 160 so if we start seeing candle CL closes below 160 then in that case we could likely see a move down towards this next area of support in between around 140 to 144 and as for short-term resistance we still have resistance in this area in between around 167 to 172 and a little bit more resistance at around 174 based on these candle wicks right here and this local high and more resistance in between 183 to 187 and ultimately similar to ethereum at the moment is still basically chopping around sideways so we don’t really have a lot of momentum and at the moment a lot of the large SS like salana and ethereum are kind of just following what Bitcoin is doing and so basically if we’re looking bearish for Bitcoin in the short term about to dump then most likely that’s going to apply to ethereum salana and a lot of other top altcoins and vice versa if Bitcoin is looking like it’s about to pump or playing out a pump then it’s most likely going to also happen for ethereum and salana but maybe to a different extent especially if ethereum is rejecting against Bitcoin 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 profit from 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 DUMPING NOW (Final Warning)!!! Bitcoin News Today & Ethereum Price Prediction!
🔥 *Register on Bybit* 👉 https://bit.ly/200Airdrop 👈 *(Up to $30,000 BONUS!)*
► 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:
Important Bitcoin Analysis! 0:00
Ethereum Technical Analysis! 13:40
Solana Technical Analysis! 16:03

*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 –