BITCOIN CRASH: PRICE TARGETS REVEALED (Warning)!!! - Bitcoin News Today, Ethereum & Altcoins

Market Trend Analysis - Bitcoin is showing bearish signals on larger time frames, confirming a new bearish price pattern with an immediate short-term bearish price target [1] - Expect weeks, if not months, of bearish price action with weakness and lacking bullish momentum [7][8] - Bitcoin dominance is struggling at resistance between 605% to 61%, which could be good news for the altcoin market [39] - Ethereum is showing massive bearish price structure on the 3-day time frame, indicating weeks or months of weakness [42][43] - XRP is breaking below support at $230 to $240, expecting a move down towards $25 as the next price target [52][53] Price Levels and Targets - Bitcoin's Super Trend indicator may flip to red if a weekly candle closes below approximately $96,000 [4] - Bitcoin faces resistance at just under $111,000 and is heading towards roughly $100,000, with potential support around that level [9][10][11] - If Bitcoin breaks $100,000, expect a move down towards $97,000, then $93,000 to $94,000 [11] - Ethereum is testing a crucial area, and losing support could lead to much lower price targets, with the next major support between $2,700 and $2,850 if it breaks below $3,350 [2][44][45] - Solana is breaking below support at $170 and $157, expecting a drop towards $143 to $146, and potentially $135 or even $125 [48][49] Trading Strategy - The analyst is using a grid bot trading strategy on Pionex, buying Bitcoin as it drops and selling on bounces [18] - A small short position on Bitcoin has been opened on Two Bit as a hedge to offset the unrealized loss of the grid bot strategy [23] - The hybrid trading strategy aims to protect downside risk with the short position and profit from bounces with the grid bot [25][26]