BITCOIN & ALTCOIN WARNING: DON'T GET TRAPPED!! Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

Bitcoin Market Analysis - Bitcoin is facing resistance around $120,000 - $123,000, leading to profit-taking on long positions [1][5] - The weekly Bitcoin price chart shows a bearish divergence, suggesting a potential pullback over the coming months [3][29] - Bitcoin dominance is holding support around 605% to 61%, which could be a warning signal for the altcoin market [32] Ethereum Market Analysis - Ethereum has broken out above resistance at $3,900 - $4,100, but a retest of this area as new support is possible [36] - A bearish divergence is forming on the daily Ethereum price chart, potentially leading to a short-term pullback [37][40] - Ethereum may underperform Bitcoin in the short term due to a bearish divergence on the ETH/BTC chart [42][43] Altcoin Market Analysis - Solana is lacking momentum and is expected to trade sideways, with potential support at $167 - $170 and resistance at $190 - $200 [45][49] - XRP has a massive bearish divergence on the weekly chart, suggesting a potential pullback in the coming months [49][51] - Chainlink has confirmed a breakout but is possibly coming in for a retest, with key support at $20 - $21 and resistance at $2250 [56][57][58] Trading Strategy and Exchange Platforms - The analyst closed the majority of a $1 million Bitcoin long position around $120,000 - $121,000, securing over $24,000 in realized profit [12][14][15] - The analyst is considering a short position for Ethereum if the bearish divergence confirms [40][43] - BTEX and Pionex are recommended crypto exchanges, with BTEX offering up to $40,000 in trading bonuses and Pionex offering automated trading bot strategies [19][20][24]