BITCOIN & ALTCOIN EMERGENCY: THIS IS NEXT!!! - Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

Market Trend Analysis - The crypto market is expected to experience a pullback in late August and leading into September [14] - Bitcoin is showing a significant bearish divergence on weekly and daily charts, indicating a likely correction or slowdown [2][8] - Altcoins may hold up relatively well compared to Bitcoin due to the Bitcoin dominance being in a pullback phase [30][40] Bitcoin (BTC) Analysis - Bitcoin is currently finding support in the $106.76K-$107.66K range, with potential for a short-term bounce [9][10] - Key resistance levels for Bitcoin are around $110K, $112K, and $117K [12] - A break below $106.5K could lead to further support levels at $103.5K and $101K [11][12] Ethereum (ETH) Analysis - Ethereum is expected to remain in a sideways price range, bouncing between support at $3.9K-$4.1K and resistance at $4.8K-$4.9K [32][33] - Bearish divergence is still active for Ethereum, suggesting potential weakness or choppy sideways price action [35][36] XRP (XRP) Analysis - XRP is showing a massive bearish divergence, similar to a pattern that previously led to a 60% pullback [43][45] - Immediate support for XRP is around $0.275, with a potential drop to $0.255-$0.262 if that level breaks [47][48] - A descending triangle pattern suggests a potential bearish price target of around $0.218 if the $0.275 support is broken [49][51] Other Altcoins Analysis - Solana (SOL) is retesting the $190-$200 area, currently finding support around $200 [39][40] - Chainlink (LINK) is facing resistance around $24-$25, with support at roughly $23 and a significant support area between $20-$21 [55][56] Exchange Promotions - BTEX offers bonuses and a $25K USDT prize pool for trading crypto through a specific link [21] - Pinex offers bonuses, including a $50 bonus for account creation and KYC completion, and deposit bonuses up to $1K for a $10K deposit [24]