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BITCOIN & ALTCOIN WARNING: I'M TAKING PROFITS!!!! - Bitcoin News, Ethereum, Solana, XRP & Chainlink
Crypto Worldยท2025-08-10 17:45

Market Analysis & Trading Strategies - Bitcoin is currently in a short-term bullish trend, with the analyst holding a long position and securing profits along the way [1][2][20] - Bitcoin faces major resistance between $120,000 and $122,000, where price struggles or rejection is expected [7] - A bearish divergence is forming on the weekly Bitcoin price chart, which may play out over multiple months [4][14] - Ethereum is about to confirm a breakout on the 3-day time frame above the $3,900 to $4,100 resistance area, potentially leading to a run towards $5,000 [37][38] - A bearish divergence is possibly forming on the daily Ethereum price chart, which could lead to a retest of the previous resistance area [39][41] - Bitcoin dominance is potentially breaking down, which is bullish for altcoins [35][36] - XRP is facing a major bearish divergence on the weekly time frame, suggesting a potential slowdown or pullback in the next couple of months [53][54] - Chainlink is continuing a major bullish breakout, targeting $24, but a possible bearish divergence is forming on the daily chart [59][64] Trading Positions & Risk Management - The analyst reduced their Bitcoin long position from $1 million to just over $800,000, securing profits [18][19] - The analyst has moved the stop loss further into profits to secure gains even in a worst-case scenario [21] Exchange Promotions - BTEX offers up to $40,000 in trading bonuses and a $200 bonus for a $1,000 deposit via a specific link [27][28] - Two Bits offers up to $50,000 in trading bonuses, a $30 signup bonus, and a 20% deposit rebate up to 200 USDT via a specific link [30]