BITCOIN HISTORY REPEATING NOW (Signal Confirmed)!!!! - Bitcoin News Today, Ethereum & Altcoins

Market Analysis - The US stock market's short-term dump is likely to cause weakness in the crypto market, as the two are often correlated [3][4] - Bitcoin's weekly chart shows a bearish divergence, suggesting potential sideways price action or a pullback in the coming weeks or months [6][7] - Bitcoin dominance is rejecting a key resistance level (605% to 61%), which is good news for the altcoin market in the short term [34][35][36] Bitcoin (BTC) - Bitcoin is holding above a crucial support level around $99,000 to $100,000, but a break below could lead to a drop towards $97,000 or $93,000 to $94,000 [7][8] - A potential head and shoulders pattern is forming on the daily chart, posing a risk of a larger bearish pattern if Bitcoin bounces to around $110,000 and then gets rejected [9] - A new bullish divergence on the 6-hour chart suggests a possible short-term relief or choppy sideways price action [10][11] Ethereum (ETH) - Ethereum is holding above a Fibonacci level at around $3,050, with resistance expected around $3,650 to $3,700 if it bounces further [37][38] - The daily Ethereum RSI is approaching oversold territory, suggesting a likely short-term relief or sideways consolidation [40][41] Altcoins - Solana (SOL) is bouncing from support around $143 to $147, with potential resistance at around $170 and further resistance at $190 to $200 [42][43] - XRP is experiencing a shorter-term bullish divergence on the daily chart, expecting choppy sideways price action or a slight relief in the short term, with resistance at $0230 to $0240 [47][48][51] - Chainlink (LINK) is likely to see a short-term relief due to correlation with other cryptos and a bullish divergence about to confirm, with resistance at $1650, $1750, and $19 to $20 [55][56][59] Trading Strategy - The presenter's Bitcoin trading strategy involves a grid bot that buys Bitcoin as the price goes lower and sells on bounces, aiming to profit from volatility [14] - The grid bot strategy is currently close to break-even, outperforming a regular long position due to profits secured from volatility [15][16] - The presenter may close the Bitcoin position if the US stock market shows weakness in the new week, potentially reopening it at a lower price point [18]