Market Analysis & Trends - Bitcoin is facing resistance in the low $120,000 range, specifically between $120,000 to $123,000 [6][7][8] - A pullback in Bitcoin dominance is expected, potentially leading to a short-term altcoin season where altcoins outperform Bitcoin [24][25][26] - Ethereum is significantly outperforming Bitcoin, as indicated by the breakout on the ETH/BTC chart [34][35][36] - Solana has confirmed a breakout above $167, with potential resistance expected between $180 to $185 and $191 to $199 [40][41] - XRP has confirmed a daily candle close above $3, targeting the all-time record high near $330 to $340, where resistance is expected [49][50][51] - Chainlink has confirmed a breakout above the Fibonacci level of resistance at $1640 to $650, with resistance expected between $1750 to almost $18 [56][57] Ethereum ETF Inflows - Spot Ethereum ETFs experienced a record net inflow of $726 million on Wednesday [28] - BlackRock's Spot Ethereum ETF saw an inflow of almost $500 million on Wednesday [28][29] Trading Opportunities & Liquidity - Bitcoin's next short-term price target is around $120,000 to $120,300, where liquidity is building [20][22] - BTEX and Two Bit exchanges offer trading bonuses, including up to $40,000 and $50,000 in trading bonuses respectively [14][17]
BITCOIN & ALTCOIN SEASON: IT'S CONFIRMED!!!! - Bitcoin News Today, Ethereum, Solana, XRP & Chainlink
Crypto Worldยท2025-07-17 17:26