30% ALTCOIN CRASH INCOMING (Warning)!! Bitcoin News Today & Ethereum Price Prediction!

30% ALTCOIN CRASH INCOMING (Warning)!! Bitcoin News Today & Ethereum Price Prediction!

welcome back to the crypto ball Channel everyone my name is Josh and right now this massive warning signal is still flashing on the Bitcoin chart while the price is still rejecting from this critical area of resistance while a new trading setup is revealed on this altcoin chart which I’ll talk about later in the video so definitely watch to the end first of all just before getting into the Bitcoin charts today we need to take a look at the Bitcoin USS today because just yesterday we saw a massive net outflow of around 14 5 million from the spot Bitcoin ETFs and so of course we’re continuing to see these net outflows which is causing some short-term bearish price action for Bitcoin because basically anytime where we see a net outflow that is essentially selling pressure that is the Bitcoin ETFs dumping Bitcoin in order to pay out the outflows in US dollars because investors are basically withdrawing their money in US dollars from the Bitcoin ETFs at least at the moment and so this is something to consider moving forward at least while we’re seeing these net outflows once again we’re likely going to see a bit of short-term bearish price action as we’ve seen over the last one week or so but if we’re taking a look at the Bitcoin charts today looking at the 4-day time frame and over the last couple of days this chart has not really changed all that much despite the shortterm pullback because at least as of right now the Ballinger bands indicator is still massively squeezing together still Contracting here on the 4-day time frame which means the Ballinger Benz width indicator is still at very low levels the lowest levels that we’ve seen in a long time and historically speaking this only happens when a massive volatile move is building in the price of Bitcoin likely coming very soon and usually these volatile moves are 20 to 30% moves in the price of Bitcoin or even bigger sometimes and often times the longer the Ballinger B squeeze together the bigger the volatile move so we are really building a massive move that could begin basically any moment now and for as long as the price holds above these previous lows which are sitting at around $60,000 based on the candle closes or the actual candle wick low is sitting at around 56,000 for as long as Bitcoin holds above 56k technically speaking we can still remain in the larger bull market in the larger bullish Trend and I got a few comments in recent videos here on the channel asking how are we possibly in a bull market if the price has been basically consolidating sideways over the last few months that’s not very bullish well that can happen from time to time even during a larger bullish Trend or a bull market and we’ve actually seen that before In This Very bull market around one year ago because basically since around the middle of April all the way until around the middle of October so roughly around half a year or so we actually saw a massive sideways consolidation that happened during this very bull market and so if we’re measuring that out for around 190 days the price of Bitcoin basically went sideways went down and up and down and up again and we saw short-term bearish Trends short-term bullish Trends vice versa for around 190 days during this bull market but the important thing was that we never actually broke below the previous significant low that we made in the price we actually held that low right there so that will be important for Bitcoin if we retrace lower in the short term we need to hold above at least 56,000 at the lowest point if we start breaking below that point then we could potentially start talking about the end of the bull market but at least as of right now we have not yet confirmed that because for all we know we could just be within another massive sideways consolidation which could continue even over the next couple of months like what we saw back here and that does not necessarily mean the end of the bull market because if you thought that back then obviously you would have sold at like25 or $30,000 per Bitcoin and if you sold right there rather than just holding obviously you would have missed out on a massive gain over the next one year or so and so that is why it is very important to actually wait for confirmation signals rather than just straight away assuming that the bull Market’s over at the first sign that the bull market could be over because once again if you made that mistake right here you missed out massively but with that being said if we’re taking a look at this daily Bitcoin chart as I’ve actually been warning about over the last 1 to 2 weeks we have seen the spike in the dxy which is more of a bullish Trend at the moment in the dxy which is bearish for Bitcoin as I have been warning about here on the daily time frame once again over the last 1 to two weeks but it’s also important to understand that the trends here on the daily time frame are more of these shorter term bullish and bearish trends that sometimes last for just a few weeks sometimes up to a few months but ultimately these shorter term bullish and bearish Trends make up the much larger bullish Trend also known as the bull market so once again even during a bull market we can see short-term pullbacks and short-term bearish trends during a larger bull market it’s just right now at the current stage in the market we’re clearly within a bit of a short-term bearish Trend once again as I’ve been saying recently here on the channel and if we’re taking a look at this daily Bitcoin chart right here we can see over the last couple of days we actually saw a retest of this previous area of support which is once again now acting as resistance and I’ve been talking about that once again recently here on the channel sitting in between around 67 to 68,000 I said the moment break below that level that should become new resistance and it would actually be a bearish signal at least in the short term if the price comes back up and retest that level to confirm it as new resistance which is what has now happened because as we can see here we did see that slight bullish relief over the weekend which was expected to retest this area and now we’ve rejected from that area once again confirming it as resistance as what we’ve seen previously and the last time this happened we actually saw a further pullback at least in the shorter term and if we’re taking a look at the vpvr indicator the volume profile indicator we can see that we had a massive cluster of traded volume right around 67 to 68,000 once again acting as resistance and the next major cluster to the downside of traded volume is sitting in between around 63 to 64,000 approximately and so basically in between around 66,000 and 64,000 we have a gap in the volume profile indicator which basically means the price is likely going to move very quickly in that area and we’ve potentially already seen that move over the last one day because we did actually see a candle wick to the downside down towards around 645,000 right here and you will notice in the volume profile indicator that is only just above where the next cluster of volume starts at around just above 64,000 and so once again that is the next major area of support to pay attention to on the Bitcoin chart which so far we’ve bounced just above and the resistance to pay attention to is once again still sitting in between 67 to 68,000 and even if we break back above 68,000 we still have a massive area of resistance in between 72,000 to 74,000 and as I’ve been saying recently here on the channel the moment we started to break below around 67,000 that was the moment where we could start flipping more bearish again at least in the short term and especially when that was coinciding with the dxy spiking to the upside so once again the shortterm trend also known as the pullback basically the short-term trend is bearish but this is potentially still occurring within a much larger bull market when we’re zooming out and if you want to trade these moves in the price of Bitcoin or any other crypto personally I take those 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 comments 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 below this video it’ll take you to this page right here where you can claim an exclusive 200 usdt position airdrop but this is limited time in around 14 hours this runs out and in order to claim this free 200 usdt trade on buybit all you need to do is simply make a buybit account using that link make a deposit and claim their air drop and so if you’re going to be trading crypto anyway or preparing for the next trading opportunity you might as well get set up ready to go right here using that first link down below this video once again 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’ll 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 short-term price action for Bitcoin we can see obviously we’re no longer in the weekend and over the weekend as expected we saw relatively tame price action low volatility and we did indeed see that slight bullish relief over the weekend as expected with that short-term bullish Divergence playing out here on the 4-Hour time frame but like I also said recently here on the channel expect low volatility over the weekend but when we enter into the new week we’re likely going to see the volatility pick up because usually during the week on the weekday that’s where we see a lot of volatility and already we have started to see more volatility now that we’re on a weekday and so I no longer expect this short-term bullish Divergence to play out because once again it already played out over the weekend and now that we’re during the week expect more volatility and if we’re taking a quick look at the Bitcoin liquidation heat map we can see over the last one day the price actually grabbed a lot of liquidity to the downside which was sitting at around 64.6k to 65k which I mentioned recently here on the channel we have a lot of liquidity in that area but just recently over the last one day there has been a new level of liquidity actually building to the upside just in the short term here at around 67.3 to 67.4k approximately and so it is actually possible that the price in the short term at least could come up to that level of liquidity to take out a lot of those positions considering we have around 8 to 900 million nearly a billion dollars of liquidations sitting right at 67.4k which basically means we could possibly see another reach retest of this area of resistance before potentially seeing another rejection considering we still have a lot of resistance in this area so overall at least in the short term we’re technically looking more bearish than bullish at least for now in terms of the trend and momentum in the short term and with that being said taking a quick look at ethereum on The Daily time frame and right now the price of eth is trading below this 38.2% Fibonacci level of support which was sitting at around 3480 and as right now and just over the last one day we’ve actually seen a candle wick to the downside pretty much exactly to this 50% retracement level acting as support at around 3350 and so once again 3350 is still acting as strong support at least in the shortterm here but if the price were to actually break below 3350 with candle closes below 3350 then in that case we could potentially see a move down towards this golden pocket area of support sitting in between around 3180 to 3220 but at least for now 3350 is still the level of support to pay attention to because we’re still finding a lot of supports at that level and as for resistance we still have a lot of resistance at around 3650 approximately and just like Bitcoin in the short term ethereum is just following along with a short-term bearish Trend so once again in the short term the trend is more bearish than bullish at least as of right now as we can clearly see similar to what we saw back here here and if we’re taking a look at the 12-hour time frame obviously ever since we saw that close to oversold signal here in the 12-hour ethereum RSI we did actually see a bounce back to the upside over the last couple of days but then we saw another perfect rejection from this exact golden pocket area of resistance which is sitting in between around 3.6k to 3650 and as we can see we saw a rejection pretty much exactly from that resistance which is still acting as strong resistance as expected and so just in the short term expect more resistance around that area and if we can close this 12-hour candle back above around 3450 then it’s possible we could still find a lot of support at around 3450 if we can quickly get back above that level very soon and we also have a potential bullish Divergence forming right now here on the 12-hour time frame because at least as of right now there is higher lows forming in the RSI while lower lows are potentially forming in the candle closes in the price but as of right now this has not yet been confirmed it’s just something to potentially pay attention to and with that being said speaking of bullish divergences obviously this previous bullish Divergence on the 4-Hour time frame for the price of eth already played out very nicely over the weekend similar to the short-term bullish Divergence for Bitcoin because as always a bullish Divergence most commonly plays out in the form of either choppy sideways price action or a slight bullish relief and usually here on the 4H hour time frame a bullish Divergence plays out over just a few days or so a couple of days usually because after just a couple of days on the 4H hour time frame at least these bullish divergences basically start wearing off and if we’re taking a look at eth BTC on the weekly time frame this is ethereum versus Bitcoin on the larger scale and we can see that right now eth BTC is still clearly within a massive bearish Trend as we’ve seen over the last couple of years because we’ve actually just recently just a few weeks ago put in a new lower high and a rejection again from this same massive descending line of resistance and now of course even during this larger bearish Trend we can see short-term bullish moves here and there so in the shortterm some days here and there ethereum might be outperforming Bitcoin but overall when we’re zooming out looking at the bigger picture Bitcoin is simply doing better than ethereum at least for now and we can only flip that around if we see a major breakout on this chart above this line of resistance which at least for now has not happened and if we’re taking a quick look at the price of salana we can see over the last one day we continued that short-term bearish Trend with a break below this critical area of support sitting in between around 140 to 144 and first of all the moment we started to break below 160 that was the moment where I flipped much more bearish in the short term for salana expecting a continuation of the short-term bearish Trend so the moment we broke below 160 we quickly saw a move to the next area of support exactly as expected down towards 140 to 144 and then we bounced from that level but as I warned about a couple of days ago here on the channel if we break below 140 expect a quick move down towards around 128 because that is the beginning of the next major area of support and what did we just see we saw a move below 140 and the moment we started to break below 140 we saw a quick move down to exactly 128 which is exact ly where we bounced from and so for example if you had some conditional orders set up to open short positions once we break below 140 if you took advantage of this move and closed the short at 128 or even if you traded the other way around and looked at 128 to buy or open a long either way you would have done very well here based on the analysis that I’ve been sharing here on the channel and as of right now 140 to 144 should now become a new resistance now that we’re trading below that area but even if we see breakout back above 144 then in that case we still have strong resistance at around 160 and ultimately I’d like to see a breakout back above 160 in order to actually start flipping more bullish again in terms of the trend and momentum so at least for now even if we see a bit of BCE here we’re still technically within a short-term bearish Trend and now for a potential trade setup on another altcoin which is chain link this is Link versus the US Dollar on the 3-day time frame and personally I think chain link actually has some solid fundamentals it’s one of the top alt coins out there but with that being said any top project of course has short-term bearish price action here and there even Bitcoin has the occasional bare Market every few years and so no matter how good the fundamentals of the crypto is even though it could be a great crypto of course from time to time it can be bearish and as of right now chain Link’s actually forming a massive bearish head and shoulders pattern on the 3-day time frame this is a huge bearish pattern but this only conf confirms if we see a confirmed break with candle closes at least on The Daily time frame ideally a 3-day or a weekly candle close below this neckline which is sitting at around $13 and at this stage the formation stage of the pattern is basically complete we’ve already seen the left shoulder The Head and the right shoulder completely formed but once again it is not yet confirmed or in play because we have not yet actually confirmed a break below the neckline so that is important to understand but if we end up seeing a confirmed break below this neckline below around $13 then in that case that would actually set up a fairly large bearish price target for this head and shorters pattern and if we measure out that bearish price Target that would be sitting at around $8.20 and so measuring that move from the point of the breakdown to that price Target that’s more than a 30% move down that’s around a 36% move to the downside and we also have a lot of support at around 8 $8 to $9 and so for example trading a 36% move to the downside let’s just say from the break to the price Target even with a small leverage trade a 3X leverage trade that would double your money double your initial money because obviously 3 times 36% is over 100% And so personally with taking this trade right here personally I would not be using a lot of Leverage because obviously when it comes to trading alt coins they have much larger moves so obviously using larger leverage higher leverage it’s very likely you could be liquidated a lot easier if you’re using say 50x leverage or something like that and so personally when it comes to trading alt coins I usually like to stick to let’s just say less than 10x leverage usually 5x leverage or lower but as always this is not personal financial advice because I’m not a financial adviser and I don’t know your personal financial situation so this is just simply me revealing a potential trading opportunity that we could take here that I will most likely take if we confirm the trade with a break below the neckline 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 you can profit from all of that price action by watching 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 and 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

30% ALTCOIN CRASH INCOMING (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:
Bitcoin News Today!! 0:00
Important Bitcoin Analysis! 1:09
Ethereum Technical Analysis! 10:46
Solana Technical Analysis! 14:30
Altcoin Trade Setup!! 16:18

*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 –