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BITCOIN PRICE TARGET REVEALS NEXT MOVE!!!! - Bitcoin News Today, Ethereum, Solana, XRP & Chainlink
Crypto Worldยท2025-07-08 10:48

Market Analysis - Bitcoin is currently facing resistance and exhibiting a descending parallel channel on the daily timeframe [1][8] - A significant amount of liquidity is building below Bitcoin's price in the short term, requiring attention [1][15] - The weekly Bitcoin price chart indicates a larger bull market, but lacks bullish momentum in the short term [3][4] - Bitcoin is in a short-term cool-off period within a larger bull market, similar to the previous year [5] - Ethereum is trading sideways between approximately 2400 and 2800 [21] - Solana is holding above a key support level between 143 and 146, but lacks momentum [23][25][26] - XRP retested a major resistance area between 231 and 236 and was rejected [27][28][29] - Chainlink is consolidating sideways, lacking momentum, within a larger bearish trend [34][35] Key Levels - Bitcoin has support around 103,000 and 98,000, and resistance around 110,000 and 112,000 [8] - Ethereum has support around 2380 to 2400 and resistance between 2700 and 2800 [21] - Solana has support between 143 and 146, with resistance at 155 to 156 and 166 to 167 [23][26] - Chainlink has support between 1260 and 1280, and resistance between 1360 and almost 1390 [36] Trading Opportunities - The report promotes Bitex and Tubbit as crypto exchanges, highlighting trading bonuses and no KYC requirements [17][18][19][20]