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BITCOIN & ALTCOINS JUST FLIPPED (Get Ready)!!! Bitcoin News Today, Ethereum, Solana, XRP & Chainlink
Crypto Worldยท2025-07-16 13:02

Market Trends & Analysis - Bitcoin is showing signs of short-term recovery, potentially retesting a critical resistance level, while Bitcoin dominance is declining, benefiting the altcoin market [1] - The technical price target for Bitcoin's cup and handle pattern on the 3-day chart is approximately $153,000, nearly a 30% upside from the current price, but this is only valid if the price doesn't break below $110,000 [3][4][5] - Ethereum is breaking out against Bitcoin, suggesting Ethereum is likely to outperform Bitcoin in the coming weeks [27][28] - Solana is testing resistance at $167, with a potential move towards $180-$185 if a breakout is confirmed, and a cup and handle pattern target of $194 remains valid above $158 [31][32][33] - XRP is facing strong resistance between $2.90 and $3, with a potential move towards $3.30-$3.40 if it breaks above $3 [37][38] - Chainlink rejected from resistance at $16.40-$16.50, bounced from the golden pocket at $15.30-$15.50, and is now retesting resistance, with a potential move towards $17.50-$18 if it holds above $16.50 [42][43] Risk Assessment - Bitcoin faces significant resistance in the $120,000-$123,000 range, and a rejection from this level could lead to a short-term pullback [6][7] - A confirmed break below $110,000 on the 3-day timeframe would invalidate the bullish cup and handle pattern for Bitcoin [5] - Ethereum faces resistance between $3,200 and $3,300, and a bearish divergence is forming on the 2-day timeframe, though not yet confirmed [22][23][26] - Solana faces potential rejection at $167, and a break below $158 would invalidate the cup and handle pattern [31][32] - XRP faces strong resistance between $2.90 and $3, and a failure to break out could lead to a pullback [37][39] - Chainlink is at risk of forming a new bearish divergence on the 4-hour timeframe, though not yet confirmed [44][45] Trading Opportunities & Exchange Promotions - BTEX offers trading and deposit bonuses, including a $200 bonus for a $1,000 deposit, and up to $40,000 in trading bonuses for larger traders [16] - Two Bit is another exchange option offering trading bonuses [18]