BITCOIN & ALTCOIN SEASON: Don't Mess This Up!!! Bitcoin News Today, Ethereum, Solana, XRP, Chainlink

Bitcoin Analysis - Bitcoin is encountering resistance around $116.5-117 thousand, where the analyst has been targeting since the price was around $112-113 thousand [8][9] - A bullish crossover is forming in the 3-day Bitcoin MACD, indicating potential bullish momentum in the short term [4][5] - Liquidity is building just above the price of Bitcoin at around $116.9 thousand, suggesting a possible retest of the $117 thousand resistance [12][13] - Support is expected between $113 thousand and $113.5 thousand if a pullback occurs [7] - If Bitcoin breaks above $117 thousand, the next target is approximately $120 thousand, followed by the all-time high near $124 thousand [11][12] Altcoin Analysis - Ethereum is struggling around the $4.8-4.9 thousand resistance area, and a breakout could lead to new all-time highs if Bitcoin dominance continues to pull back [31][32][33] - Solana is showing bullish momentum, breaking above $230, with the next target between $260 and $265 [36][37] - XRP has broken out above $2.90, targeting $3.08-3.10, with the next major resistance area between $3.30 and $3.40 [42][43][45] - Chainlink is bouncing from the 23.6% Fibonacci level (around $22.20-22.40), with resistance at $25.20 and a potential inverse head and shoulders pattern forming [47][48][49] Trading Strategy - The analyst has taken some profits from a Bitcoin long position due to resistance but remains overall long on Bitcoin [1][16] - The analyst's Bitcoin long position on BTEX is around $100 thousand, with $2.5 thousand in unrealized profits and over $4.5 thousand in realized profits [17]